s thatthe company has been doing something right and thus could potentially bea good investment.A.G. Edwards Inc. has done very well in the industry this year makingit a record year for 1996, although much of the credit was because ofthe big jump in the Dow Jones average (1996 Report. 1996, p. 3). A.G.Edwards Inc.s net earnings reached an all time high and resulted in thepaying of more that 100 million dollars in current year income taxes forthe first time (1996 Report, 1996, p. 3). Related to the jump in netearnings was the fact that the stockholders net worth went to 1.1billion dollars, or 17 dollars per share (1996 Report, p. 3). A.G. Edwards Inc. has undoubtedly experienced a great year weather ornot they can be credited with their success. Because of the increase inearnings that A.G. Edwards has experienced the corporation was able toexpand their office locations (1996 Report, 1996, p. 3). In the fourthfiscal quarter A.G. Edwards Inc. opened offices in Harrisburg, PA;Galesburg, Ill; Griffin, GA; granting A.G. Edwards a total of 536locations (1996 Re-port, 1996, p. 3). Including these office locations,there were twenty more other office locations added around the UnitedStates for the year of 1996 (1996 Report, 1996, p. 23). A.G. Edwardswas also able to increase its number of investment brokers to 5,757 bythe end of the year, an increase of 5% from the prior year (1996 Report,1996, p. 23). Also in the past twenty years A.G. Edwards has grown to483 offices in 48 states (Siconolfi, 1993, p. 23). The broker salesforce more than doubled since the year of 1984 (Siconolfi, 1993, p. 24). These are great changes for the corporation and shows investorsthat the company has a sure footing in the industry. There has alsobeen the past changes in the corporation with the continuous adding ofsmaller subsidiary corporations which all per-form separate tasks underthe name of A.G. Edwards Inc. From this paper the reader should have learned...
