Let's say the total % charges total 2.50% per year. Invested with Edward Jones, should I move to Vanguard? By the time you know enough to choose a good financial adviser, you don't need one. Vanguard has no loads, and some of the smallest expense ratios in the business. I hope you have zero confidence in working with this charlatan and transfer out asap. Edward Jones 2020 ranking: 3 2019 ranking: 1 2020 score (on 1,000-point scale): 860 2019 score: 853 2020 vs. 2019: +7 2. He was recommended by a family member, and he hasn’t tried to cheat me in any way. Unfortunately, I am still having difficulty working with my agent here... Wasilla Alaska advisor is about as incapable of advising as I have ever seen, he is all about getting you to buy into... Just retired and call this morning spoke to Kale, Gloria and Yasmin and after this last transfer to a rep I gave up.... You will be automatically registered on our site. Second, you're paying far more than 1.44% when you factor in Expense Ratios, front or back-end loads, and trade costs (incurred every time he rebalances). In another document titled \"The Fiduciary Dilemma\" -- a memo produced by Edward Jones and circulated among congressional staffers in February 20… Post Edward Jones employees rated their CEO Approval 18% higher than Vanguard employees rated theirs. by David Jay » Fri May 19, 2017 1:19 pm, Post --Rick Ferri. by Mr.BB » Sun May 21, 2017 1:43 pm, Post by smmsmm57 » Fri May 19, 2017 12:07 pm, Post Build your knowledge here and plan to leave. Vanguard Investments, Edward Jones Investments, and AIM Investments are all different investment firms that offer different investment opportunities and approaches to fit different clients' needs. Please note that not all of the investments and services mentioned are … Edward Jones AMCAP 10 year annual return 7.67%. by NotWhoYouThink » Fri May 19, 2017 5:40 pm, Post The best full-service brokers -- SmartMoney likes Raymond James (NYSE: RJF) and Edward Jones -- offer solid investment recommendations together with top-notch customer service, … Edward Jones AMCAP annual expense ratio: 0.67%. I gave them an order to use the full amount to buy specific shares and FINALLY the process was … You could hire some of the best of professional money managing companies in the world for under 1%. Edward Jones charges a lot to people. They are charging you 1.44%, plus whatever the expense ratios of the funds you're invested in there (plus possibly other fees). But Consumer Reports members were generally less satisfied with … She could care less about the people she is the trustee to. Whatever happened to "the customer is always right"?.. Plain and simple he lied to you. When times are bad, investors tend to forget about opportunity and focus on risk. After 30 years, total investment: $39,325 (293% total return) VS: Vanguard Target Retirement 2045 initial investment: $10,000 after 0% commission. Wanted names and phone numbers of my other family members so he could pitch his 'services' to them. Lousy customer service, the worst ive ever seen , I had the misfortune of speaking with some witch named Martha watson,... Good morning. Our website collected and compiled various consumer reviews about Edward Jones and Vanguard Group as well as customer ratings and recommendations for these brands. by rustymutt » Fri May 19, 2017 1:18 pm, Post Edward D. Jones founded Edward Jones in 1922 in St. Louis, Mo. by deltaneutral83 » Fri May 19, 2017 12:45 pm, Post Apr 3, 2019. I branched off from Edward Jones in 2013 and after gaining confidence at Vanguard managing our own funds, we moved everything from EJ to Vanguard last year. I'm now concerned that the automatic year end RMD will still be made after reading the shocking reviews of Vanguard. Edward Jones vs Vanguard Group PissedConsumer.com strives to provide consumers with the right information to make informed purchasing decisions. With a minimum … | bogleheads.org is my advisor: The ER is 0.0% and the advice always solid. As of January when I received the... My father's estate had investments in 19 different firms. Pissed Consumer © 2020 All Before 2014, I used a financial advisor at Edward Jones. And some can be hard headed to the point of needing time out. ...Then, after hours on the phone with customer service, she put it back. by CnC » Fri May 19, 2017 1:15 pm, Post by bayview » Sun May 21, 2017 1:37 pm, Post That's what it's all about. It was very simple, too--I just initiated the process with Vanguard and it was done. First of all, rebalancing has no chance of adding 1.44% to your returns each year. They are robbers of your wealth. Edward Jones vs. Vanguard: Fees, Minimum Investments, etc Compared. Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius. Would You Like to Convert It Into Review? by BolderBoy » Fri May 19, 2017 7:30 pm, Post Edward Jones employees rated their Positive Business Outlook 14% higher than Vanguard … Edward Jones employees rated their % Recommend to a friend 20% higher than Vanguard employees rated theirs. Thank you for reaching out to me. The first office was established in Mexico, Mo., and a second office was soon opened in Pueblo, Colorado. I inherited some investments held through Edward Jones and at the time decided to keep them invested with EJ. I rebalance on my birthday. We compare Edward Jones vs. Vanguard. by FrugalInvestor » Fri May 19, 2017 12:54 pm, Post The Edward Jones account will cost you over $20,000 more than Vanguard! I don't really know what happened. Do It yourself man. Vanguard Investments Vanguard … Username and password will be sent to you via email. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. by deltaneutral83 » Fri May 19, 2017 1:02 pm, Post You would be better off handling the account yourself and not re-balancing at all than having EJ re-balance it and charging you 1.44%/year. I just got off the phone with my Edward Jones guy who told me the 1.44 % fee I am being charged is worth it because my account is continuously being re-balanced and that the return thus far for the year is 5.39 %. by Jack FFR1846 » Fri May 19, 2017 12:46 pm, Post You're more than welcome to stay with them, as they love your money. Edward Jones is commissioned based and therefore investment "advisers" are no such thing; rather they are sales people steering the client into a high-commission investments that will yield immediate … Due to their high brokerage fees and transfer fees, Disrespectful unprofessional customer service. Vanguard annual account fees: $15. Have a question about your personal investments? In contrast, a robo-advisor will funnel a user into a particular category based on … ↳ The Bogleheads® Wiki: a collaborative work of the Bogleheads community, ↳ Local Chapters and Bogleheads Community, Re: Edward Jones vs Vanguard self managed, https://personal.vanguard.com/us/insigh ... about-cost, https://www.dinkytown.net/java/CompareFees.html. "We are here to provoke thoughtfulness, not agree with you." My account is still showing one account missing. ", The continuous execution of a sound strategy gives you the benefit of the strategy. by blueblock » Sun May 21, 2017 5:55 pm, Powered by phpBB® Forum Software © phpBB Limited. A human advisor will help manager your investment portfolio for as low as 0.3% of all your … Edward Jones vs Fidelity, Vanguard, Charles Schwab, and TD Ameritrade (2021) Edward Jones vs Vanguard & Co: Compare Fees. Plus, like I previously mentioned, my company 401k plan was already at Fidelity. Watch out for Delaney Haley in there trust company. Edward Jones' U.S. financial advisors may only conduct business with residents of the states for which they are properly registered. Re: Vanguard vs Edward jones Post by retiredjg » Sun Oct 04, 2015 6:19 pm 209south wrote: Good news is my father-in-law has been very successful and has created a trust for the benefit of my three adult children - total value ~$650k - bad news is he hates mutual funds and love Edward Jones… Vanguard brings the low investment fees they are known for with their index funds to VPAS. by pkcrafter » Sun May 21, 2017 2:38 pm, Post Compare Vanguard Group and UBS pros and cons using consumer ratings with latest reviews. Unknown Boglehead, "Never underestimate one's capacity to overestimate one's abilities" - The Dunning-Kruger Effect, "We are what we repeatedly do. “I have a few accounts with a broker at Edward Jones. ...Whatever happened to "customer service". Edelman Financial scored well among traditional investment firms, while Vanguard was a standout among online brokerages. But I don’t think the service I’m receiving is sufficient to justify the commissions I’m paying. But after finding out about index mutual funds, I decided to open an account at Fidelity. I am very unhappy with the service I have been receiving from Vanguard.. You send a "confirmation" that was our first notice that you moved 10% of our account to a new security. Edward Jones is a traditional financial advisory service that tailors client-driven investment portfolios. The down side of Vanguard is you do not sit across the table from them like Edward Jones. Ed Jones is far too costly, even if you want a fully managed account there are many, many cheaper options that deliver the same level of service. by Nate79 » Fri May 19, 2017 1:30 pm, Post Our website collected and compiled various consumer reviews about Edward Jones and Vanguard … by JeepDaze » Fri May 19, 2017 12:51 pm, Post by BL » Fri May 19, 2017 1:44 pm, Post Have a plan, stay the course and simplify, but most importantly....Ignore the Noise! The EJ rep I dealt with wanted every dime that I had to invest, even talked to me about liquidating my assets to he could invest the money. Edward Jones (1.70% to 1.80%), J.P. Morgan JPM, +0.29% (1.56% to 1.86%), Merrill Lynch BAC, +0.28% (1.33% to 2.33%), Wells Fargo WFC, -0.27% (1.93% to 2.43%), Morgan Stanley MS, +0.44% … Unlike Edward Jones… Broker Fees Stock/ETF Commission Mutual Fund Commission Options … I chose him carefully and through their website kept track of what What was going on. This makes Vanguard unique from every other investment firm out there. Having read about Vanguard … But there are better ways as others have suggested. Even educators need education. It takes me 15 minutes. A Roth IRA is $100/year. In 2004, highly regarded investment firm Edward Jones stumbled over allegations that it didn't disclose important conflicts of interest. Jack Bogle founded Vanguard in 1975, and the company is client owned and operated at cost. To learn more about each firm, we consulted the Better Business Bureau (BBB) and ConsumerAffairs.Edward Jones is not accredited by the BBB and C rating. Then, she deducted the $2,000 again, ostensibly to pay down my margin loan. by Jack FFR1846 » Fri May 19, 2017 12:59 pm, Post I'm not smart enough to know, and I can't afford to guess. Great Comment! Find the best companies in Financial Services category: UBS and Vanguard Group, UBS vs Edward Jones, Vanguard Group vs … For that amount of money people real should take the time to learn about investing. I liked our Edward Jones advisor--he was friendly and did a good job pretending to be interested in us, but ultimately he was doing what was best for HIM and not US. I pulled some of my funds out and invested them elsewhere.... ...Today I got a letter stating they are cancelling my flagship services. by ICMoney » Fri May 19, 2017 1:08 pm, Post by Silverado » Sat May 20, 2017 8:18 am, Post by MittensMoney » Fri May 19, 2017 12:57 pm, Post by donaldfair71 » Fri May 19, 2017 12:53 pm, Post Rights Reserved, I have read and agree to the Pissed Consumer. Vanguard … ...Overall good but again what kind of a advisor did you go with? by harvestbook » Fri May 19, 2017 1:29 pm, Post Although Edward Jones offers more services, Vanguard does so with much more flexibility and you can choose to go it alone by opening an account online. PissedConsumer.com strives to provide consumers with the right information to make informed purchasing decisions. by renue74 » Fri May 19, 2017 12:44 pm, Post The typical/median/”middle of the road” advisor is the Edward Jones sort of guy — no real experience in broader financial planning and probably just going to sell the client a portfolio of reasonably diversified … Want to know specifically about Edward Jones' fees vs. Vanguard… Re: Edward Jones vs Vanguard self managed Post by NotWhoYouThink » Fri May 19, 2017 10:40 pm I just got off the phone with my Edward Jones guy who told me the 1.44 % fee I am … by Dottie57 » Fri May 19, 2017 5:26 pm, Post by mrc » Fri May 19, 2017 12:59 pm, Post Vanguard confirmed that the second check was received, and cleared it to be released. Vanguard doesn’t do this. The question of whether its model possesses too many conflicts still bedevils the company and much of the financial advisory industry today. by CnC » Fri May 19, 2017 1:10 pm, Post We couldn't be happier. For those that need an in-person consultation, Edward Jones may be the winner. I have been with edward jones for 12 years plus,Iam happy with my advisor,jennifer twiddy,she is great,My problem... She answered my question about the impact on my taxes. SmmSmm, did the advisor mention Guided Solutions, or are you already in that? by bloom2708 » Fri May 19, 2017 3:51 pm, Post I am retired and plan to remain so watching what I spend and invest.. ...that told me the law requires end of day trades if made by 4:00PM are correct Vanguard will be fined and the the violation will be published on their website. It's easy once setup. You will be able to edit the text before publishing. The new fiduciary rules are for advisors, not individual investors, so you would not be restricted at Vanguard or anywhere else. No matter how simple or complex, you can ask it here. Edward Jones 2019 ranking: 1 2018 ranking: 2 2019 score (on 1,000-point scale): 853 2018 score: 866 2019 vs. 2018: -13 Tobias Salinger. Excellence, then, is not an act, but a habit. Since my last contact, months ago, you seem to have terminated customer service. At Fideilty I was on my own. Each brand score is calculated based on set of relevant criteria and displays company performance over time. My expenses yearly, under .19%. They're not bad people at Ed Jones, but they're business model simply doesn't allow them to be the best option on the market. ...I've attempted to get help through to customer service, but it is more like customer servicing!!.. Edward Jones on the other hand, … Edward Jones and Vanguard have similar ratings in terms of customer satisfaction. As a former EJ escapee, do not contact them again. 8 or 9 years have passed, I've … Search "Transfer Account from Edward Jones" in the search field box in the top right corner of this site. OP, I want to make sure you understand what you are paying Edward Jones. Edward Jones . When did it become an oxymoron? For those that are little savvier on a computer, Vanguard … When times are good, investors tend to forget about risk and focus on opportunity. by niceguy7376 » Fri May 19, 2017 12:56 pm, Post Vanguard is not accredited by the BBB either but has an A rating. by Mr.BB » Sun May 21, 2017 1:17 pm, Post The fee is 1.35%, so it's not clear how you got up to 1.44%. The service I have a plan, stay the course and simplify, a... Any advice to your particular situation total % charges total 2.50 % per year and Vanguard have ratings! Some investments held through Edward Jones '' in the top right corner of this site loads and! 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