John
W. Bachmann, managing
partner of Edward
Jones, grew up in Salem,
Ill.
He received a
bachelor’s degree in
economics from Wabash
College in Crawfordsville,
Ind., and a master’s in
finance from Northwestern
University in Evanston, Ill.
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.
Bachmann began his
career at Edward Jones as a
part-time college intern in
1959.
Upon completion of
his formal education, he
joined the firm full time.
Beginning in 1963,
Bachmann spent seven years
as a retail investment
representative in Columbia,
Mo., 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, Bachmann
succeeded Edward D.
“Ted” 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 Bachmann’s
tenure, Edward Jones has
grown from 220 offices in 28
states to nearly 9,000
offices throughout the
United States, Canada and
the United Kingdom.
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.
Bachmann’s current
outside activities include:
member of Civic
Progress; director of the
Arts and Education Council
of Greater St. Louis; Vice
Chairman of the U.S.
Chamber of Commerce;
trustee of Wabash College;
chairman of the Board of
Visitors of the Peter F.
Drucker Center of the
Claremont Graduate School;
trustee of Washington
University in St. Louis;
trustee of the St. Louis
Science Center; and director
of AMR Corporate, American
Airlines and the NASD.
He also serves as
chairman of the Aviation
Task Force to bring St.
Louis a more modern airport.