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At Barron's

'We Do Very Well By Doing Good for Our Clients,' This Finance Pro Says

At Barron's

At Barron's

Business

4.717 Ratings

🗓️ 11 December 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

Penny Pennington, managing partner of Edward Jones Investments, discussed alts, her "seasons" of leadership at the firm, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello everyone and welcome to Ed Barron's.

0:07.0

I'm Andy Surward and welcome to our guest Penny Pennington, managing partner of Edward Jones.

0:12.0

Penny, great to see you. Thanks for coming.

0:14.0

Andy, it's a pleasure to be with you and your audience.

0:16.0

So I think people know about your company.

0:19.0

It's a large financial services firm privately held

0:23.3

with advisors and doing brokerage. But how would you describe the company, Penny? Sure. We are a

0:30.4

financial planning firm today serving nine million clients, a client in every county in the United States, and all 10 provinces in Canada.

0:40.3

We serve people across the arc of their lives multi-generationally. We meet them where they are.

0:46.3

And we're hyper-local. We are literally everywhere. We kind of have our pulse on the,

0:52.3

we have our finger on the pulse of North American investors and families and clients.

0:57.0

We are also a private partnership and this is really important because it helps, it ensures that we determine our destiny for the benefit of our clients.

1:07.0

We're 103 years old. Our historic home is St. Louis. That's where I live.

1:12.6

But we're spread out now all over North America. And we're growing. We're growing in our numbers,

1:18.6

and we're growing in our impact. By impact, I mean that we are here to help families

1:24.6

become more financially secure, more confident in the futures of their lives,

1:32.1

and raise their probabilities that they're going to be able to meet their goals.

1:37.0

You talked about growing, Penny, and you go to every town in an American, it seems like you

1:42.4

see an Edward Jones office.

1:45.0

How many towns are you in and are you really growing at this point still?

1:48.0

Yeah, we are.

1:49.0

We have 20,000 financial advisors all across the United States and Canada.

...

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