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Business School Receives $1 Million Gift from Edward Jones

Saint Louis University’s Richard A. Chaifetz School of Business has received a $1 million gift from brokerage and investment firm Edward Jones. The five-year commitment will establish a named deanship at the Chaifetz School.

Jim Weddle and Mark Higgins

Edward Jones Managing Partner Jim Weddle (left) with Richard A. Chaifetz School of Business Dean Mark Higgins, Ph.D. Submitted photo

The announcement was made by Edward Jones Managing Partner Jim Weddle who was the guest speaker at the business school’s Oct. 3 dean’s breakfast series.

“Edward Jones is proud to support the Chaifetz School of Business with our pledge because we know that world-class universities produce an educated, diverse and talented workforce that will help this region grow and prosper," Weddle said. “We believe that businesses, working in partnership with educational and civic organizations, make St. Louis a better place to live and do business."

The gift, which will establish the Edward Jones Deanship at the Chaifetz School and is the first named deanship in the business school’s 107-year history, will be given over five years. It also marks the first time in Edward Jones’ 95-year history that the firm has attached its name to a business school dean’s title.

Mark Higgins, Ph.D., dean of the Chaifetz School, said the gift from Edward Jones continues their long-standing support for the school and its mission of creating ethical business leaders.

“The annual income generated by this forward-thinking gift will be able to support any number of future discretionary priorities for the dean and the school,” Higgins said. “Faculty resources, student aid or even smaller capital and equipment needs may all benefit.”

The firm previously established the Edward Jones Endowed Professorship in Finance and the Edward Jones Data Analytics Lab within the school.

About Saint Louis University: Saint Louis University is a world-class Catholic, Jesuit institution educating nearly 13,000 students on two dynamic, urban campuses - in St. Louis, Missouri, and Madrid, Spain. Founded in 1818, the University will celebrate its bicentennial through November 2018. With a legacy of innovative academics and research, compassionate health care and faithful service, Saint Louis University attracts a diverse community of scholars who push intellectual boundaries in pursuit of creative, meaningful ways to impact the world, striving to serve a higher purpose and seek a greater good.

 About Edward Jones: Edward Jones, a Fortune 500 company headquartered in St. Louis, provides financial services in the U.S. and, through our affiliate, in Canada. Every aspect of our business, from the investments we offer to the location of our branch offices, caters to individual investors. Our 15,000-plus financial advisors serve more than 7 million clients and care for $1 trillion of assets under management. Edward Jones ranked No. 5 on FORTUNE magazine's 100 Best Companies to Work For in 2017. Visit us at Our recruiting website is Member SIPC