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Old 10-11-2018, 01:42 PM   #11
Josey
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Google "how do Edward jones reps get compensated?" Look for articled from Motely Fool.
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Old 11-28-2018, 01:07 PM   #12
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Originally Posted by bigfishtx View Post
They get a call every monday and are told to push certain investments, usually because those investments are paying them more fees that week.


That is an outright false statement.
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Old 11-28-2018, 01:09 PM   #13
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Google "how do Edward jones reps get compensated?" Look for articled from Motely Fool.


Edward Jones reps get compensated the same way any other firm does. Commissions or fee based.
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Old 11-29-2018, 10:03 AM   #14
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Fidelity is a much lower cost platform. EJ is very salesy, you portfolio manager is generally more of a salesman than anything else.

I interviewed at EJ while I was earning my finance degree.
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Old 11-29-2018, 10:09 PM   #15
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I recently opened an account at EJ because I had to leave where I was and didn’t know any better. My goal for 2019 is to move it all to fidelity (wife’s 401K is there too) or Vanguard.

I knew their rates were high when I went there but know nothing about investing and figured it was better to overpay someone who did until I could get my head wrapped around this.

I’ve been reading this and looks to me like I can save $$ by self managing at Fidelity or Vangaurd once I get up to speed. I’m within a few years of retirement and half my funds/assets are wrapped up here, I need to be careful
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Old 12-10-2018, 09:11 AM   #16
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Originally Posted by housewolf View Post
I recently opened an account at EJ because I had to leave where I was and didn’t know any better. My goal for 2019 is to move it all to fidelity (wife’s 401K is there too) or Vanguard.

I knew their rates were high when I went there but know nothing about investing and figured it was better to overpay someone who did until I could get my head wrapped around this.

I’ve been reading this and looks to me like I can save $$ by self managing at Fidelity or Vangaurd once I get up to speed. I’m within a few years of retirement and half my funds/assets are wrapped up here, I need to be careful
Fidelity is not totally self manged. You have the option to easily make trades or investments for a very low cost but you can always call for a portfolio review or go into one of their many offices.
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