Four accept limited partnerships at Edward Jones in Hastings
Mike Hovgaard, Abra Hovgaard, Julie Mann, and Shawna Nelson have accepted limited partnerships with Edward Jones. They all are based in Hastings.
Edward Jones currently employs more than 40,000 associates in all 50 states and through its affiliate in Canada. Under the current partnership offering, 16,000 associates received initial limited partnership offerings or were invited to increase their existing ownership in the firm.
"I am honored to be invited to become a limited partner in the firm," said Abra Hovgaard. "I enjoy working for Edward Jones, and I am very proud of the way we do business and the way we treat our clients."
"I, too, am very honored to receive this invitation," Julie Mann said. "I've always enjoyed my job -- it's both challenging and rewarding -- but being invited to increase my limited partner holdings in the firm is really exciting."
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 these associates certainly deserve 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.
Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada.