Timothy Mannino, an Edward Jones financial advisor in Edinboro, PA, has accepted an invitation to become a limited partner in The Jones Financial Cos., the holding company for the St. Louis-based financial services firm.
Edward Jones currently employs nearly 40,000 associates in all 50 states and through its affiliate in Canada. This year marks the 40th anniversary of the firm’s first partnership offering – and today Edward Jones has expanded the partnership to more than 20,000 limited partners.
“I am honored to be invited to become a limited partner in the firm,” said Mannino. “I enjoy working for Edward Jones, and I am very proud of the way we do business and the way we treat our clients.”
James D. Weddle, the firm’s managing partner, said, “Edward Jones is employee-owned. We believe one of the best ways to reward outstanding associates is to offer them an opportunity to share in the ownership of the firm they help build. I’m pleased to say that this associate certainly deserves the limited partnership offering.”
The Jones Financial Cos. was created in 1987 to enable the firm to expand into new business areas while allowing it to remain a partnership. The Jones Financial Cos. owns Edward D. Jones & Co., LP, which operates under the trade name Edward Jones, EDJ Leasing Co., the Edward Jones Trust Co., and its international financial services subsidiary, Edward Jones Canada.
Editor Note: Tim Mannino has been a supporter of EdinboroOnline.com since our beginnings, we congratulate him on his achievement, and encourage all of our readers to seek him out should you be in need of financial advice.