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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). Im one of those that do both. 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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