
If you're interested in putting your hard-earned savings into speculative investments like crypto or any vehicle where you can lose "play money," don't come to the brokerage firm Edward Jones for assistance. The recent meltdown in crypto has validated the firm's long-time focus on proven investments, however enticing the digital currency craze du jour.
"There are aspects of that fairly speculative market and investment right now that have not proven themselves," Edward Jones managing partner Penny Pennington tells Fortune. "Our investment philosophy says crypto is a little more likely to disappoint clients than it is to delight them."