Edward Jones, long term investor in Cleveland Heights

A young boy’s dream became a reality for David Lavelle, when he graduated from college, joined the Edward Jones Investments firm, and opened its Cleveland Heights branch office in 1993.

Since peddling papers on his Plain Dealer route in fourth grade, Lavelle had an interest in money: how to make it, spend it, and invest it to have more. 

Edward Jones offered one of the best intern programs for college graduates. Six months into the program, Lavelle knew that being an investment advisor was his calling. Edward Jones is a full-service investment firm helping clients with all their financial needs, big and small. The company's philosophy of investing and client care demonstrated that it was the firm for him.

Lavelle chose Cleveland Heights’s Cedar Fairmount Business District to open his office. The intense sense of community and diversity with the city’s rich history, blended with the arts and education of University Circle, provides an ideal place to work, live, and raise a family. When it became necessary to find a new office location this fall, Lavelle chose to remain in the community. He moved from the Heights Medical Building across the street to the historic Heights Center Building on Cedar Road.

He enjoys counseling his clients about how to achieve their financial goals and objectives. Lavelle has even had parents bring their high school children to have the concepts of saving and investing explained to them. Parents want their child to learn investing concepts at a young age. His message is: always save some of what you make, invest for the long term, and investing is not as easy as “buying when it feels good and selling when it feels bad.”

Not only does Lavelle keep current with the CFP Board of Standards, he also guides and trains new investment counselors for Edward Jones. He was invited to become a limited partner in 2000.

Lavelle lives in Cleveland Heights with his wife, Ann, and their two sons, Thomas John and Gerald Robert. He was vice president of the Cedar Fairmount Business Association for four years. He currently serves on the executive committee of the Nature Center at Shaker Lakes, and is its treasure.  

David Lavelle can be reached at 12429 Cedar Road, Suite 15, or 216-231-7160.

Kaye Lowe is the executive director of the Cedar Fairmount Special Improvement District.