A.G. Edwards: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

A.G. Edwards Careers & Info

Former CEO: Benjamin Edwards III

Status: Defunct in 2007

A.G. Edward provides securities and commodities brokerage to private investors and institutional patrons throughout the United States, in addition to investment banking services. The 120 year old brokerage firm is a great classroom as well. AG Edwards careers can be rewarding for fresh graduates; in 2005, they hired 650 financial consultants and spent $75,000 on training each one of them. Employees also had the option of earning college credits on-site through the in-house classes at the A.G. Edwards University. CNN Money ranked it 70th out of the 100 best Fortune companies to work for in 2006. The AG Edwards culture is good for team players who are looking for a challenge and have strong communication skills. The place is ideally suited to professionals looking for a challenge.

Some of the AG Edwards benefits include the forever expanding Systems Department that continuously explores the latest technological advances for investment brokers and the client’s advantage. The availability of satellite communications allows the 10,000 strong broker computer systems in 48 states to get the latest stock quotes, detailed client information, financial modeling and a large variety of other sales tools. Now, brokers in remote areas have access to these workstations via laptops.

Working at AG Edwards allows one to help individual investors and businesses to reach their financial ambitions. The company has grown into one of the major national investment firms and is a force to be dealt with in the development of financial services. It is a publicly owned company with stock trading on the New York Stock Exchange recognizable by its AGE symbol.

In October 2007, the company was purchased by Wachovia Corporation in a deal amounting to $6.8 billion and became a subsidiary wholly owned by Wachovia Corporation. At about the same time, they had also purchased Golden West Financial and a subsidiary of theirs, World Savings. After the completion of the deal, Wachovia moved the headquarters of their combined brokerage firm, Wachovia Securities to St. Louis, Missouri, to what was previously the headquarters of A.G. Edwards. The sub-prime market at this time put a major strain on Wachovia, and it finally collapsed. In December 2008, Wachovia Corporation was bought by Wells Fargo & Co. after the bank was almost taken over by the FDIC and later renamed Wells Fargo Advisors and Wells Fargo Investments. The Wells Fargo Investments included A.G. Edwards.

What jobs pay the most at A.G. Edwards?

Institutional Sales Trader is the highest paying job at A.G. Edwards at $140,000 annually.