I would not use Edward Jones personally. They charge much higher of a management fee compared to most advisors (can be as high as 125 bps) and the advisors that work there are very hit or miss as they make their money off of selling, not actually servicing. I would look for a CFP that carries a management fee below 1%. It’s not as much about the institution as it is the advisor.
Jacrispybrisket t1_j29lh9o wrote
Reply to Edward Jones sold me by Cautious_Second7321
I would not use Edward Jones personally. They charge much higher of a management fee compared to most advisors (can be as high as 125 bps) and the advisors that work there are very hit or miss as they make their money off of selling, not actually servicing. I would look for a CFP that carries a management fee below 1%. It’s not as much about the institution as it is the advisor.