Company Profile - A.G. Edwards
One North Jefferson Ave.
St. Louis, MO 63103Phone: 314-955-3000
Fax: 314-955-5402
Website: www.agedwards.com
Ticker Symbol: AGEKey Facts
Fourth-largest retail distribution network
Ranked number 67 in Fortune magazine's “100 Best Companies to Work for” list in 2002—one of only five firms to appear in all seven versions of the list.
Key Financial Facts
2002 revenue: $2,364 million
1-yr. growth rate: -17 percentPersonnel Highlights
Number of employees: 16,700
1-yr. growth rate: -2 percent
Company Overview
Founded in 1887, A.G. Edwards is proving its durability as one of the largest securities firms outside of the New York area. With home offices in St. Louis, the full-service firm provides brokerage, investment banking, trust, asset management, and retirement-planning services. Admired for its “stick to your knitting” business philosophy, the company’s lean cost structure and conservative growth strategy were assets in the recent economic downturn.
The company has built its business gradually, with a core of Midwest clients. It has more than 700 locations nationwide and offers investment banking through 12 regional offices. On the investment banking side, its research group is especially noteworthy, but Edward’s key business is providing investment advice and financial planning through its retail network of more than 7,000 financial consultants.
Major Line of Business:Mutual Funds & Brokerage
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