A. G. Edwards

A. G. Edwards is a very large and very old brokerage firm, having been founded in 1887. The firm manages over $340 billion in client assets and has more than 15,000 employees in 740 offices across the United States.

A. G. Edwards has been named in lawsuits for taking "secret kickbacks" on the sales of some mutual funds, and similarly, for getting undisclosed commissions on sales of variable annuities. They have also been investigated by NASD in regards to their sales of certain classes of mutual funds.

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