Exhibit 31
CHIEF EXECUTIVE OFFICER CERTIFICATION
I, John W. Bachmann, certify that:
1. I have reviewed this quarterly report on Form 10-Q of The Jones
Financial Companies, L.L.L.P.
2. Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this quarterly report.
3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition and results of operations
and cash flows of the Partnership as of, and for, the periods
presented in this quarterly report.
4. The Partnership's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Partnership
and have;
a) designed such disclosure controls and procedures to ensure that
material information relating to the Partnership including its
consolidated subsidiaries, is made known to us by others within
those entities, particularly during the period in which this
quarterly report is prepared;
b) evaluated the effectiveness of the Partnership's disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this quarterly report (the "Evaluation Date"); and
c) presented in this quarterly report our conclusions about the
effectiveness of our disclosure controls and procedures based on
our evaluation as of the Evaluation Date.
5. The Partnership's other certifying officer and I have disclosed,
based on our most recent evaluation, to the Partnership's auditors
and the Executive Committee:
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the Partnership's
ability to record, process, summarize, and report financial data
and have identified for the Partnership's auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or
other associates who have a significant role in the Partnership's
internal controls.
6. The Partnership's other certifying officer and I have indicated in
this quarterly report whether or not there were significant changes
in internal controls or in other factors that could significantly
affect internal controls subsequent to the date of our most recent
evaluation, including any corrective actions with regard to
significant deficiencies and material weaknesses.
/s/ John W. Bachmann
-----------------------------------------
Chief Executive Officer
The Jones Financial Companies, L.L.L.P.
August 8, 2003
Exhibit 31
CHIEF FINANCIAL OFFICER CERTIFICATION
I, Steven Novik, certify that:
1. I have reviewed this quarterly report on Form 10-Q of The Jones
Financial Companies, L.L.L.P.
2. Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this quarterly report.
3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition and results of operations
and cash flows of the Partnership as of, and for, the periods
presented in this quarterly report.
4. The Partnership's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Partnership
and have;
a) designed such disclosure controls and procedures to ensure that
material information relating to the Partnership including its
consolidated subsidiaries, is made known to us by others within
those entities, particularly during the period in which this
quarterly report is prepared;
b) evaluated the effectiveness of the Partnership's disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this quarterly report (the "Evaluation Date"); and
c) presented in this quarterly report our conclusions about the
effectiveness of our disclosure controls and procedures based on
our evaluation as of the Evaluation Date.
5. The Partnership's other certifying officer and I have disclosed,
based on our most recent evaluation, to the Partnership's auditors
and the Executive Committee:
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the Partnership's
ability to record, process, summarize, and report financial data
and have identified for the Partnership's auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or
other associates who have a significant role in the Partnership's
internal controls.
6. The Partnership's other certifying officer and I have indicated in
this quarterly report whether or not there were significant changes
in internal controls or in other factors that could significantly
affect internal controls subsequent to the date of our most recent
evaluation, including any corrective actions with regard to
significant deficiencies and material weaknesses.
/s/ Steven Novik
-----------------------------------------
Steven Novik
Chief Financial Officer
The Jones Financial Companies, L.L.L.P.
August 8, 2003