The comments about Edward Jones being different from many other firms is spot on. I know this sounds silly but I don't know how to "break up" with Edward Jones. Reply. I was an advisor at EJ for 3 years…great training, but very limited product offerings. David says: June 25, 2015 at 1:42 am . What are the steps of leaving Edward Jones and moving to Vanguard? I left Scottrade for Vanguard and it was a very simple and painless process. 2% in fees will slash your account by 65% over a 40 year period. Long says May 10, 2012 at 11:09 am. I have (or had) 1.3 million invested with them. Edward Jones is a brokerage firm that provides investment advice to individuals. With cheap options like ETFs available, paying a lot for an actively managed mutual fund is the last thing a small investor should consider. With many physical locations around the United States, Edward Jones is able to provide a personal approach to their clientele in the communities they serve. Tell EJ that you want them to move everything in your accounts to the new IRAs. There is a reason that Edward Jones is consistently rated the best firm to work for in our country. It should be mentioned that Edward Jones isn’t the full name of the business. I just did this. Take the setup info for those and give it to Edward Jones. Those with assets held at Edward Jones have the option of taking a personal loan against holdings. Edward Jones review from San Diego, California rated 1.0/5.0 with 3 Comments: I have experienced nothing but grief from EJ. Resolved: Edward Jones should be shut down at this point. I'm convinced they are costing us too much in fees and want to move our accounts to Vanguard. The problem is I like my E. Jones guy. Good idea about the cost basis and collecting the info before you leave. Any Edward Jones review should include a comparison of costs only. I have about $30k in my Roth and T-IRA accounts with EJ. Reply. Either the market is up and you make less than you should or the market is down and you lose more than you should. melsbootstoots here July 20th, 2011 at 12:24 am. Loan Offerings. Before working with an advisor, investors are wise to research Edward Jones reviews and history. Posted by rpg37 on 12/22/16 at 3:41 pm. So, before shutting down with Edward Jones I’d be sure to try and gather as much info as you can! With Edward Jones I am charged a sales commission for every dollar I invest and a yearly fee for my four IRAs. Edward Jones Is a Simplified Name. 0 0. All Edward Jones cares is they are making money and leaving the risk to you. There is a huge difference in pricing structure between Edward Jones and its competitors. Don't let them talk you out of it and pay the fee. So, before shutting down with Edward Jones I’d be sure to try and gather as much info as you can! 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