A.G. Edwards, Inc. and its wholly owned subsidiaries operate as a securities broker-dealer in the United States. It provides securities and commodities brokerage, investment banking, margin financing, trust, asset management, financial and retirement planning, insurance products, private client services, and other related financial services to individual, corporate, governmental, municipal, and institutional clients. The company also markets its investment-management services to unaffiliated mutual-fund firms; pension-fund providers; insurance companies; and other financial institutions, including banks and brokerage firms. In addition, A.G. Edwards provides online services, including bill pay service. As of February 28, 2006, it had 738 locations in 50 states, the District of Columbia, London, and Geneva. The company serves its clients through its branch-office networks. A.G. Edwards was founded in 1887 and is headquartered in St. Louis, Missouri.