It's "Stay" the course, not Stray the Course. For instance, the Guided Solutions Flex Account has a minimum of $25,000, but the Guided Solution Fund Account only has a minimum of $5,000. New member Investor_86 has a question which I've moved into a stand-alone post: No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. College savings 4. that costs 0.3% instead of 1.35%. My FA discounted my fees 20%, so my fees are about 1.06% before internal investment expenses. First, welcome to the Bogleheads! by Dale_G » Tue Jan 31, 2017 4:49 pm, Post But, if you value the advise you are getting to the tune of $1000's per year, then that is fine. With more than 12,000 locations serving nearly 7 million clients in the U.S. and Canada, Edward Jones is one of the largest full service brokers in the country. by retiredjg » Tue Jan 31, 2017 5:29 pm, Post Have questions? by BigJohn » Sat Mar 11, 2017 7:33 am, Post View, print or save the most recent account documents for each investment advisory program below. Get a plan: I want to start out and say that I am leaving EJ as well due to the new rules. ). Edward Jones Guided Portfolios ® is a uniquely structured investment program for the person who wants to be actively involved in investment decisions, likes a simple, predictable fee, and appreciates the accountability that comes with regular reviews.. Key features: Keeps you involved in day-to-day investment decisions with ongoing advice and guidance from your Edward Jones advisor. Lots of churning, too. Fee-based investment management programs enable you . and that I can choose the best mutual funds and ETFs....how is this a bad deal? No matter how simple or complex, you can ask it here. I do not believe non-retirement accounts are affected. Edward Jones' account transfer out fee to another brokerage company is $95 for both taxable and non-taxable (IRA) accounts. When I moved to Guided Solutions, my investment income increased substancially. edward jones fees vs vanguard. by whodidntante » Tue Jan 31, 2017 7:31 pm, Post by radiowave » Fri Mar 10, 2017 8:20 pm, Post Edward Jones on the other hand, is a privately owned company. With fee-based solutions, such as Edward Jones Guided Portfolios and Edward Jones Portfolio Program, you pay an ongoing fee based on a ... Edward Jones Guided Portfolios is a non-discretionary, fee-based program. Edward Jones Managing Partner Jim Weddle. by JaneyLH » Wed Jun 14, 2017 1:40 pm, Post Cons: Edward Jones practices, Guided Solutions. *In Quebec, our advisors are known as Investment Advisors. This Edward Jones Advisory Guided Solution is no solution it is a culty scam–and I am very disturbed that this is allowed to be happening to anyone. Home » Disclosures » Account Fees I am retiring next year and my advisor taught me the importance of not only returns, but the sequence of returns in retirement. Now the rules change so they just figure out another way to rip you off. And then see what everyone else has posted on how much it will cost us to stay with EJ, and realize that it is not worth it. With more than 12,000 locations serving nearly 7 million clients in the U.S. and Canada, Edward Jones is one of the largest full service brokers in the country. by oldcomputerguy » Sat Mar 11, 2017 8:39 am, Post Guided Solutions Flex Account: $25,000; Guided Solutions Fund Account: $5,000; ... Vanguard’s Brokerage Services commission and fee schedule is on its website. I have about 20% of my portfolio in individual stocks -ZERO internal expenses, about 30% in individual laddered bonds - ZERO internal expenses, 25% or so in low cost ETFs, and the remaining amount in 5 star mutual funds. It was established in 1922. My FA discounted my fees 20%, so my fees are about 1.06% before internal investment expenses. My portfolio in Guided Solutions is approx. The 1.35% Annual fee is for guided solutions or advisory solutions. I have more money to spend than at any time in my life and my investment balances are still growing. Program Fee Schedule The Program Fee is based on the market value of all assets held in my Account, including any cash balances swept into the Edward Jones Money Market Fund. by David Jay » Mon Jun 05, 2017 2:46 pm, Post Edward Jones Fees and Commissions With a $40 annual fee on IRAs, plus a 2% fee on stock trades, dollar cost averaging and reinvested dividends, Edward Jones' fees and commissions are comparable to other full-service brokerages (e.g. I immediately restored nearly $50,000 per year from the FA's pocket to my own, irrespective of market results. This would not be the case if I had stuck with the FA model. Then came Guided Solutions Flex ... investor747 just for giggles, ask the EJ guy if he'll guarantee returns, say 10%. Edward Jones' solution to the pending fiduciary rule has been eye-opening and a bit shocking. by Bogle_Feet » Sat Mar 11, 2017 4:42 am, Post to receive personalized solutions from your Edward Jones advisor for one simple fee. by investor747 » Tue Jan 31, 2017 12:38 pm, Post Many of the investments available in Guided Solutions are offered by prospectus. Even when considering the extra annual fee I am now paying, the large reduction in mutual fund expenses (I had an A-share portfolio), and increased investment income (mainly from dividend oriented stocks and ETFs), almost make up for the increased yearly fee! The sooner you do this the better, but do it on your timetable. by investordad » Sat Mar 11, 2017 12:35 am, Post Learn More. The owners (shareholders) of Edward Jones expect a return on their investment. The Program Fee is assessed beginning at an annual fee rate of 1.35%, payable monthly in arrears. Edward Jones Fees and Commissions With a $40 annual fee on IRAs, plus a 2% fee on stock trades, dollar cost averaging and reinvested dividends, Edward Jones' fees and commissions are comparable to other full-service brokerages (e.g. The fees you pay will depend on the type of product you purchase. We are thoughtfully evaluating our office openings and in-person appointments. FYI - New member lalainvest552 has a similar question which I've moved into a new thread: What I don't get is why don't people who feel they have to have an adviser just hire a fee based CFP and pay them once a year or so. (Aaron Sorkin). Then considering that I am able to be opportunistic with buying and selling individual stocks (not having to consider commissions), I am able to ladder my individual bonds (I am worried about rising interest rates). » Fri Mar 10, 2017 8:33 pm, Post by LadyGeek » Tue May 16, 2017 3:57 pm, Post by millennialfalcon » Wed Feb 01, 2017 4:12 pm, Post Hopefully, you do realize that all the things you are saying below could be easily accomplished in low-cost way, either self directed (a little more work), or via Fidelity or Vanguard PAS. Re: Edward Jones Guided Solutions Fees Post by Bogle_Feet » Sat Mar 11, 2017 9:42 am investor747 wrote: and would be charged an annual fee of 1.35% instead of being charged per trade. At least you are an informed consumer. > Reply to Kris on Apr 6 2018, giddyup says: Just convinced my 92 year old father to finally leave Edward Jones (EJ). For example, the Guided Solutions Flex Account has a minimum asset value of $25,000 while the Guided Solution Fund Account only requires a minimum of $5,000. They will also put you in low-cost, broad based index funds. Re: Edward Jones Guided Solutions Fees Post by Bogle_Feet » Sat Mar 11, 2017 9:42 am investor747 wrote: and would be charged an annual fee of 1.35% instead of being charged per trade. Edward Jones Account Options As a full-service firm, Edward Jones has a wide variety of options when it comes to accounts. He has helped our family through some tough patches. by arcticpineapplecorp. If you have $500,000 the fee … by JW-Retired » Fri Mar 10, 2017 8:53 pm, Post To keep the revenue going they are switching folks to plans that involve an "Assets Under Management" (AUM) fee. by lazydavid » Mon Jun 05, 2017 9:10 am, Post New rules will soon be in force that require advisors to put the customer first with respect to retirement accounts. Find Financial Advisor If you are unhappy with Edward Jones' pricing or service, you can find a better priced Financial Advisor. Please let us know if you find out whether Guided Solutions is mandatory for your account and whether your account is a retirement account or not. But rest assured if you use Vanguard instead of Ed Jones, you'll keep more of what you make. Guided Solutions allows me to reduce my portfolio risk and I enjoy working with my advisor. by LadyGeek » Thu Mar 22, 2018 9:55 pm, Powered by phpBB® Forum Software © phpBB Limited. by arcticpineapplecorp. Edward Jones’ more than 14,000 brokers fielded a tantalizing email from headquarters this week. I was also able to buy minimum volatility funds to help with downside protection. 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