#edward

New employer does Simple IRA through Edward Jones

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New employer does Simple IRA through Edward Jones Hi all, my new employer’s retirement plan is a Simple IRA through Edward Jones with a 3% match. The account is managed by a financial advisor. I would assume they do take commissions, however when I asked my employer about this he said that the company pays for whatever fees/commissions. I’m just wondering if anyone’s heard of something like thi…

Reddit Personal Finance 862 2025-01-21

Help me understand my Edward Jones info during divorce

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Help me understand my Edward Jones info during divorce Background: I’m getting a divorce due to domestic violence and abuse. I was looking at our Edward Jones account we opened last year. At first I only saw the Roth and Joint savings account we opened with them and no money has moved so I thought we were good. I looked again last night and clicked on “accounts” and can see our non-Edward Jones acco…

Reddit Personal Finance 674 2024-06-23

Moving out of Edward Jones but still wanting someone to give advice on investments

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Moving out of Edward Jones but still wanting someone to give advice on investments I’ve been blindly investing through Edward Jones for years now and listening to what they say and finally came to see that the fees are outrageous. Recently the advisor I had is retiring and a new one came in. I don’t like her. Constant calling and trying to be my friend. I would rather have someone call when they need to and that’s it. I recen…

Reddit Personal Finance 390 2024-06-06

Transferring out of Edward Jones

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Transferring out of Edward Jones Hi r/personalfinance! I have a question about transferring my account out of Edward Jones to Vanguard instead. Currently, I have about $27k in an Edward Jones Single 1 Select account, all in PCOXX. I’m assuming this 27k has been sitting in a taxable brokerage account for over 1.5 years at this point, only in a money market. My question is how do…

Reddit Personal Finance 1.1k 2024-05-14

Invested with Edward Jones. How do I pull out, where do I go?

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Invested with Edward Jones. How do I pull out, where do I go? 137K in a CD with Edward Jones I’ll keep it short and to the point, when my grandfather passed years ago he left me a large share of ownership in a property, the property sold a year ago. I was paid out $137,000. My dad and I made the decision to immediately put it in a CD with Edward Jones for one year. That CD comes to maturity next month, and…

Reddit Personal Finance 1.4k 2024-01-07

Breaking Up With Edward Jones!

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Breaking Up With Edward Jones! Two years ago, I learned that a Roth IRA was an important investment vehicle that I was missing out on. I asked a few co-workers who they use for financial advisors, and someone suggest Edward Jones. What I didn’t know at the time, is that I needed a fee based financial advisor to look over my situation and give me guidance. Who I ended up goin…

Reddit Personal Finance 191 2023-08-17