In the face of adversity these Old line dedicated brokers are still serving up stocks and bonds the old fashioned way, one customer at a time. Whenever their is a downturn in the market theirs a downturn in the brokerage industry, and it seems that times are really not any different than before, with the likes of Lehman Brothers going under and Bear Stearns and Merrill Lynch being taken over. However the brokers at Edward Jones seem to have a lot of tenacity. Most of the brokers operate in ones local neighborhood. The 12,000- broker force has added nearly a 1000 brokers this bear market and plans on upping that figure by 2012.
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