Quote:
Originally Posted by JGVillages
Unless you desire to be very very pro-active with your porfolio I would not suggest handling it on your own. The market has been extrermely difficult to read in recent years, so for myself a financial advisor was necessary. She has structured a portfolio of stocks and bonds that have exceeded our goals the past 8 years. The advisor is Jayne Wakeman with Edward Jones in The Villages. I have dealt with numerous advisors to date and she is by far the best.
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One question do you have any American funds through Edward Jones?
Edward Jones costs more in several ways:
1. The front load buying the fund (up to 5%)
2. Funds with higher expense ratios (1 to 2%)
3. Sales load for reinvesting capital gains or dividends (up to 5%)
Also, notice how frequently agents take family vacation trips internationally (probably some sort of sales incentive from Edward Jones or mutual fund family). Ultimately the investor is paying for these too.