Exhibit 23.1



                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



As independent public accountants, we hereby consent to the incorporation of
our reports included in this Form 10-K, into The Jones Financial Companies,
L.L.L.P.'s previously filed Form S-2 Registration Statement File No.
33-61049 and Form S-8 Registration Statements File No. 333-48233, No.
333-36258, 333-55729, No. 33-35247 and No. 33-62734.





ARTHUR ANDERSEN LLP


St. Louis, Missouri
March 19, 2002