February 1, 2010

Financial services giant Edward Jones elects Peter Drucker into its Hall of Fame

Edward Jones, the St. Louis-based financial-services giant, has elected Peter Drucker into its corporate Hall of Fame.

“The Edward Jones Hall of Fame celebrates the contributions of individuals who have helped sculpt our firm and who have been most responsible for our success,” the company noted. “These primarily include our financial advisors, branch office administrators and home-office associates—but also those rare individuals outside our firm who have had an enormous impact upon us.

“Recipients embody our values, our culture and our spirit of caring by routinely making a difference in the lives of others. In a way, these are individuals whose fingerprints can be found all over our firm because they have fundamentally helped to shape it.”

Drucker’s Hall of Fame plaque, made by the renowned sculptor Harry Weber, reads: “An authority on management, Peter advised Edward Jones for over two decades. He encouraged us to define our clients by mindset, not by geography, which led to the firm’s metropolitan expansion. Peter often referred to himself as in intermittent member of Edward Jones’ senior management.”

Among the six other Edward Jones Hall of Fame inductees this year is John Bachmann, the firm’s former managing partner and a member of the Drucker Institute’s board of advisors. Last November, Claremont Graduate University honored Bachmann, who is also a trustee of CGU and chairman of the Board of Visitors at CGU’s Peter F. Drucker and Masatoshi Ito Graduate School of Management, with a Drucker Centennial Leadership Award.

Fortune magazine recently ranked Edward Jones No. 2 on its “100 Best Companies to Work For” list. The firm, which serves about 7 million clients through more than 12,500 branch offices, ranked No. 1 among large-sized companies