UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2005 Check here if Amendment [ ] ; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: A.G. Edwards, Inc. Address: One North Jefferson St. Louis, MO 63103 Form 13F File Number: 28-4192 The institutional investment manager filing this report and the person by who it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Joseph G. Porter Assistant Treasurer 314-955-3462 Signature, Place, and Date of Signing: /s/ Joseph G. Porter St. Louis, MO 02/10/06 [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 345 Form 13F Information Table Value Total: $5,092,105 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1 28-3548 A.G. Edwards & Sons, Inc. 2 28-6731 A.G. Edwards Trust Company FSB 3 Gallatin Asset Management, Inc. VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE D AFLAC INC COM 001055102 1136 24467 DEFINED 01 02 03 24467 0 0 D AT&T INC COM 00206R102 2346 95778 DEFINED 02 03 95778 0 0 D ABBOTT LABORATORIES COM 002824100 4324 109657 DEFINED 01 02 03 97540 0 12117 D ACETO CORP COM 004446100 66 10023 DEFINED 01 02 10023 0 0 D ADESA INCORPORATED COM 00686U104 25996 1064546 DEFINED 01 03 1064546 0 0 D AFFILIATED COMPUTER COM 008190100 1653 27932 DEFINED 01 0 0 27932 D AFFILIATED MANAGERS COM 008252108 5621 70039 DEFINED 02 03 70039 0 0 D ALBERTO-CULVER COMPANY COM 013068101 1004 21949 DEFINED 01 03 21949 0 0 D ALCOA INC COM 013817101 972 32878 DEFINED 01 02 31178 0 1700 D ALLIED CAPITAL COM 01903Q108 241 8222 DEFINED 01 02 8222 0 0 D ALLSTATE CORP COM 020002101 1615 29872 DEFINED 01 02 29872 0 0 D ALLTEL CORP COM 020039103 400 6339 DEFINED 01 02 5089 0 1250 D ALTRIA GROUP INC COM 02209S103 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8759089 0 4315 D SECTOR SPDR TR SBI * COM 81369Y704 185040 5889232 DEFINED 01 02 03 5888897 0 335 D SECTOR SPDR TR SBI * COM 81369Y803 211234 10106891 DEFINED 01 02 03 10102211 0 4680 D SECTOR SPDR TR SBI * COM 81369Y886 939 29900 DEFINED 01 02 24010 0 5890 D SIGMA ALDRICH CORP COM 826552101 19611 309855 DEFINED 01 02 03 309855 0 0 D SMITH & NEPHEW PLC NEW COM 83175M205 11247 242659 DEFINED 01 02 242659 0 0 D SNAP ON INC COM 833034101 19827 527872 DEFINED 01 02 03 527872 0 0 D SONIC CORP COM 835451105 2859 96909 DEFINED 03 96909 0 0 D SOUTH JERSEY IND INC COM 838518108 1031 35384 DEFINED 01 02 03 35384 0 0 D SOUTHERN COMPANY COM 842587107 16714 484046 DEFINED 01 02 03 484046 0 0 D SPRINT NEXTEL CORP COM 852061100 497 21264 DEFINED 01 02 11940 0 9324 D STAPLES INC COM 855030102 308 13551 DEFINED 01 02 1899 0 11652 D STARBUCKS CORPORATION COM 855244109 262 8728 DEFINED 01 02 3318 0 5410 D STATE STREET CORP COM 857477103 1305 23537 DEFINED 01 02 03 23537 0 0 D STREETTRACKS GOLD TRUST COM 863307104 445 8632 DEFINED 03 8632 0 0 D STREETTRACKS DOW JONES * COM 86330E604 7259 107537 DEFINED 01 03 107537 0 0 D STRYKER CORP COM 863667101 1485 33429 DEFINED 01 02 4800 0 28629 D SUN MICROSYSTEMS INC COM 866810104 60 14356 DEFINED 01 02 14356 0 0 D SYSCO CORPORATION COM 871829107 2638 84951 DEFINED 01 02 03 76479 0 8472 D TCF FINANCIAL CORP COM 872275102 46396 1709515 DEFINED 01 02 03 1709515 0 0 D TXU CORP COM 873168108 340 6767 DEFINED 01 02 6767 0 0 D TARGET CORP COM 87612E106 16904 307521 DEFINED 01 02 03 300399 0 7122 D TEXAS INSTRUMENTS INC COM 882508104 546 17011 DEFINED 01 02 12083 0 4928 D 3M COMPANY COM 88579Y101 5283 68165 DEFINED 01 02 03 63866 0 4299 D TIME WARNER INC NEW COM 887317105 199 11427 DEFINED 01 02 03 8447 0 2980 D TRANSCANADA CORP COM 89353D107 346 11000 DEFINED 01 02 11000 0 0 D TRIBUNE CO NEW 10/83 COM 896047107 2116 69934 DEFINED 01 02 62084 0 7850 D TYCO INTERNATIONAL COM 902124106 205 7093 DEFINED 01 02 03 6293 0 800 D U S BANCORP DE NEW COM 902973304 1204 40294 DEFINED 01 02 33858 0 6436 D UNION PACIFIC CORP COM 907818108 590 7327 DEFINED 01 02 7327 0 0 D UNITED TECHNOLOGIES CORP COM 913017109 3733 66768 DEFINED 01 02 03 58381 0 8387 D VALERO LP COM 91913W104 465 8992 DEFINED 01 02 8892 0 100 D VALUECLICK INC COM 92046N102 256 14124 DEFINED 01 0 0 14124 D VANGUARD SECTOR INDEX COM 92204A108 682 12961 DEFINED 03 12961 0 0 D VANGUARD SECTOR INDEX COM 92204A207 1438 25718 DEFINED 03 25718 0 0 D VANGUARD SECTOR INDEX COM 92204A306 781 10814 DEFINED 03 10814 0 0 D VANGUARD SECTOR INDEX COM 92204A405 6358 113507 DEFINED 03 113507 0 0 D VANGUARD SECTOR INDEX COM 92204A603 2112 36757 DEFINED 03 36757 0 0 D VANGUARD SECTOR INDEX FD COM 92204A702 1439 29752 DEFINED 03 29752 0 0 D VARIAN MEDICAL SYSTEMS COM 92220P105 5862 116451 DEFINED 01 02 116451 0 0 D VECTREN CORP COM 92240G101 20742 763709 DEFINED 01 02 03 763709 0 0 D VANGUARD INDEX FUNDS * COM 922908553 660 11086 DEFINED 01 03 11086 0 0 D VERIZON COMMUNICATIONS COM 92343V104 1360 45144 DEFINED 01 02 03 40414 0 4730 D VIACOM INC CLASS B COM 925524308 212 6503 DEFINED 01 02 03 6003 0 500 D W P CAREY & CO LLC COM 92930Y107 205 8085 DEFINED 01 02 8085 0 0 D WPS RESOURCES CORP COM 92931B106 351 6348 DEFINED 01 02 6348 0 0 D WACHOVIA CORP NEW COM 929903102 3774 71391 DEFINED 01 02 63416 0 7975 D WAL-MART STORES INC COM 931142103 45096 963592 DEFINED 01 02 03 963142 0 450 D WALGREEN COMPANY COM 931422109 6690 151147 DEFINED 01 02 107744 0 43403 D WASHINGTON MUTUAL INC COM 939322103 225 5163 DEFINED 01 02 4963 0 200 D WASHINGTON POST COMPANY COM 939640108 200 263 DEFINED 01 02 263 0 0 D WATERS CORP COM 941848103 14728 389617 DEFINED 02 03 389617 0 0 D WEIGHT WATCHERS INTL INC COM 948626106 11164 225864 DEFINED 02 225864 0 0 D WELLPOINT INC COM 94973V107 481 6027 DEFINED 01 1 0 6026 D WELLS FARGO & CO NEW COM 949746101 45180 719086 DEFINED 01 02 03 710705 0 8381 D WESCO FINANCIAL CORP COM 950817106 4278 11112 DEFINED 01 03 11112 0 0 D WESTAMERICA COM 957090103 25096 472881 DEFINED 01 02 03 472881 0 0 D WESTWOOD ONE INC COM 961815107 213 13081 DEFINED 01 02 13081 0 0 D WHOLE FOODS MARKET INC COM 966837106 218 2817 DEFINED 01 02 1201 0 1616 D WILEY JOHN & SONS CL A COM 968223206 3314 84877 DEFINED 01 03 84877 0 0 D WISCONSIN ENERGY CORP COM 976657106 273 6982 DEFINED 01 02 6982 0 0 D WYETH COM 983024100 2547 55279 DEFINED 01 02 55279 0 0 D XCEL ENERGY INC COM 98389B100 483 26150 DEFINED 01 02 22472 0 3678 D ZIMMER HOLDINGS INC COM 98956P102 880 13057 DEFINED 01 02 8560 0 4497 D COOPER INDUSTRIES LTD COM G24182100 212 2905 DEFINED 01 02 2905 0 0 D INGERSOLL RAND COMPANY COM G4776G101 23348 578340 DEFINED 01 02 03 578340 0 0 D MONTPELIER RE HOLDINGS COM G62185106 11713 619756 DEFINED 01 03 619756 0 0 D NABORS INDUSTRIES LTD COM G6359F103 493 6502 DEFINED 01 0 0 6502 D STEWART W P & CO LTD COM G84922106 26353 1118070 DEFINED 01 02 03 1118070 0 0 D WHITE MOUNTAINS COM G9618E107 20789 37219 DEFINED 01 02 03 37219 0 0 D WILLIS GROUP HLDGS LTD COM G96655108 33416 904591 DEFINED 01 02 03 904591 0 0 S REPORT SUMMARY 345 DATA RECORDS 5092105 3 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED