Financial Services >> CEO Interviews >> February 24, 2003
JOHN W. BACHMANN is Managing Partner of Edward Jones. He received
a Bachelor's degree in Economics from Wabash College in
Crawfordsville, Indiana, and a Master's in Finance from
Northwestern University in Evanston, Illinois. Mr. Bachmann is
also a graduate of the Institute of Investment Banking at the
University of Pennsylvania's Wharton School of Business and the
recipient of an honorary Doctor of Laws from Wabash College and
an honorary Doctor of Arts from the University of Missouri-St.
Louis. Beginning in 1963, Mr. Bachmann spent seven years as a
retail investment representative in Columbia, Missouri, and in
1970 returned to St. Louis as a principal with responsibility for
fixed-income product marketing. He later gained experience in
strategic planning, corporate finance and technology. In 1980, he
succeeded Edward D. Jones Jr. as Managing Partner of Edward
Jones. Since then, he has built upon Mr. Jones' philosophy of
serving the needs of individual investors from one-investment-
representative offices located in communities throughout the
United States, Canada and the United Kingdom. This includes using
technology in a way that directly benefits, yet is transparent
to, individual investors. During his tenure, Edward Jones has
grown from 220 offices in 28 states to approximately 8,800
offices throughout the United States, Canada and the United
Kingdom. Mr. Bachmann served two terms as Chairman of the
Securities Industry Association in 1987 and 1988, a time of great
turbulence because of the October 1987 stock market crash. Profile
Financial Companies?
Mr. Bachmann: Edward Jones, which is our principal operating
company, is strictly a retail investment firm,
