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Is Edward Jones a good Investment firm?


Is Edward Jones a good Investment firm?

Sure. It's a reputable advisor. It tends to steer its clients into conservative mix of mutual funds that'll do well over the long-haul and it tends to be good for people who need a little hand holding when the waters get rough. This personal service comes a price. Most of the funds they'll sell you are loaded funds, meaning you pay some decent sized commissions on the front-end (aka loads).

If you need less hand holding and would like to the avoid the loads (often 5-6% of each dollar you invest), I recommend directly investing with mutual fund companies such as Vanguard and T Rowe Price.

Im one of those that do both.

Ihave 2/3'rs of my $$ with Edward Jones...and 1/3 on my own.

the EJ part is definately classic EJ model invesmtents.

Everything else is DRIPS. Report It

Very reputable firm, focused on the individual investor and long-term investment results. Free of the conflicts that come with underwriting securities themselves, their brokers tend to deal in mainstream, established, well-known investments and in particular large proven mutual funds, etc. The firm's business approach is to be highly visible and at street-level in the community, so the offices tend to be no-nonsense small ones not the big glitzy type located in a highrise. Their brokers have most often chosen the firm because they want to do business that way.

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