Penny Pennington

MPW 2019. 45. Penny Pennington
Courtesy of Edward JonesCourtesy of Edward Jones
  • Title
    CEO and Managing Partner
  • Affiliation
    Edward Jones
  • Age

Named CEO and managing partner in January, Pennington is the only woman running a major U.S. ­brokerage. The 19-year ­Edward Jones vet now controls more than $1 trillion in assets under management and 18,000 financial advisers. Her expansion plans run counter to industry norms; the number of brokers and brokerages has shrunk in recent years. But the firm has momentum, with revenue up 12% in 2018 to $8.5 billion.

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