Brokers - Management Firms

*) Notes (alphabetical order, short company name):

Edward Jones: Privately held and seems to be a bit protective around details of ownership (try googiling .

• "The Jones Financial Companies, L.L.L.P. (“JFC”) owns 100% of the capital in the Partnership
  [=Edward Jones and subsideries, J&P INV]. JFC is the sole limited partner of Edward Jones. JFC’s
  wholly owned subsidiary, EDJ Holding Company, Inc., is the sole general partner."
  (EDWARD D. JONES & CO., L.P. CONSOLIDATED STATEMENT OF FINANCIAL CONDITION,
  December 31. 2008; ejw_900377.pdf; from their website 2009-03-29) [Text in bold-italic is emphasized by J&P INV]
• More on Edward Jones at Wikipedia.

Fidelity: "Fidelity Investments is an investment company. It consists of two independent but closely
cooperating companies, Fidelity Management and Research LLC (FMR LLC), founded in 1946 and serving North America,
and Fidelity International Limited (FIL), spun off in 1969 and serving the rest of the world." Wikipedia.

Vanguard is unusual among mutual-fund companies since it is owned by the funds themselves. In this structure,
each fund contributes a set amount of capital towards shared management, marketing, and distribution services.
The company says that this structure better orients management towards shareholder interests. [Wikipedia]