1 review of Edward Jones - Financial Advisor: Joshua A. Knittel "We transferred our investments to Edward Jones -- Financial Advisor, Joshua Knittel early this year, 2017. Edward Jones Guided Solutions® is a client-directed wrap fee program designed to provide the client with ongoing investment advice, guidance and services for an asset-based fee. Brokerage Edward Jones appears to be throwing the baby out with the bathwater. This fee includes your financial advisor's services, trading costs, performance reporting, evaluation and selection of investments for the program by Edward Jones research professionals, and other services to keep your account aligned with our guidance. The initial investment minimum to open an account is $5,000. Guided Solutions Flex Account provides an extensive list of investments that could include stocks, exchange-traded funds (ETFs), mutual funds, certificates of deposits (CDs) and individual bonds. Learn more, Hands-on approach with guardrails, built-in rebalancing, as well as an extensive list of mutual funds and ETFs An Edward Jones Guided Solutions Flex Account also gives clients control over their investment choices, but has guardrails to keep it on track. The Program Fee is calculated by. Paying 1-2% or even more will add up over the lifetime of an account. For additional details regarding fees and expenses associated with Edwards Jones Guided Solutions, please see the Brochure and Fee Schedule. Edward Jones Guided Solutions Flex Account, Edward Jones Guided Solutions Fund Account. Initial Edward Jones complaints should be directed to their team directly. We'll meet with you to discuss this and then work with you to select the portfolio objective that's right for your situation. Switch to plain text editor. Please review the applicable Edward Jones Guided Solutions Brochure for more information. You’ll work with your financial advisor to build your portfolio from a selection of investments approved by our research analysts. For instance, the Guided Solutions Flex Account has a minimum of $25,000, but the Guided Solution Fund Account only has a minimum of $5,000. Edward Jones on the other hand, is a privately owned company. Both Edward Jones and Vanguard offer the following investments: 1. Your account is subject to a minimum monthly fee, which could make the Program Fee higher than 1.35%. Mutual funds and ETFs hold many investments inside of them, providing diversification within your portfolio. We are doing work that matters - connecting customers with businesses around the world and help them resolve issues and … The flat fee is based on a tiered schedule, ranging from 1.35% for your first $250,000 invested down to 1% or less for $1.5 million or more invested. You should consider the investment objectives, risks and charges and expenses carefully before investing. Edward Jones Guided Portfolios ® is a uniquely structured investment program for the person who wants to be actively involved in investment decisions, likes a simple, predictable fee, and appreciates the accountability that comes with regular reviews.. Key features: Keeps you involved in day-to-day investment decisions with ongoing advice and guidance from your Edward Jones advisor. Many of the investments available in Guided Solutions are offered by prospectus. We are thoughtfully evaluating our office openings and in-person appointments. Your Edward Jones financial advisor can provide a prospectus, which you should read carefully before investing. Use the following Play/Pause button to start and stop the video player. ComplaintsBoard.com is an independent complaint resolution platform that has been successfully voicing consumer concerns since 2004. You can also make changes any time you like and request to rebalance as often as monthly. The services offered within this site are available exclusively through our U.S. financial advisors. Log in or Register to post new content in the forum. Edward Jones is much more expensive than a self-directed on-line discount broker. Edward Jones' U.S. financial advisors may only conduct business with residents of the states for which they are properly registered. Bonds 2. The Guided Solutions Fee is comprised of the Program Fee, net of any applicable Fee Reduction or Fee Offset (which are defined in the Edward Jones Guided Solutions® Fund Account Brochure (“Brochure”)). Jones lost their way of what the original Edward Jones meant the company to be. I … Edward Jones is a dually registered broker-dealer and investment advisor. We selected the Guided Solutions option regarding management services and have been extremely happy with Josh's communication, insight and attention. Cons: Edward Jones practices, Guided Solutions. Frank Azar and Associates filed a class action lawsuit on March 30, 2018, In re Edward D. Jones & Co., L.P. Securities Litigation, Case No. The Program Fee begins at 1.35% and is tiered so additional invested assets are subject to lower fees. The minimum account size will depend on the type of account you open. The prospectus contains this and other important information. The minimum for Edward Jones' Guided Solutions Flex account will be reduced on Aug. 20 from $100,000 to $25,000 for clients who want to purchase stocks and … If you enjoy making decisions about your investments, but like having guidance from your financial advisor and tools to keep you on track, Guided Solutions may be the choice for you. Watch to learn more about why we believe there's an advantage in working with a financial advisor who knows you – and what you're investing for. In addition to monitoring by you and your financial advisor, built-in guardrails help you keep your investments aligned to Edward Jones guidance and your portfolio objective. > Reply to Kris. However, Raymond James charges for commissions. Throughout the challenges of recent months, we’ve continued to safely serve investors’ needs. In fact, with Guided Solutions, you should expect to adjust your portfolio periodically to adapt to your evolving investment needs and to stay aligned with our guidance. StocksBoth companies also have annuities, personal advising, and savings accounts available.In addition, Edward Jones offers credit cards, life insurance, long-term care insurance, long-term disability in… The prospectus contains this and other important information. Edward Jones Advisory Solutions. Mutual funds 7. It does not include the internal expenses of the mutual funds and ETFs you own. Please review the applicable Edward Jones Guided Solutions Brochure for more information. 89 Replies Jump to last post. The services offered within this site are available exclusively through our U.S. financial advisors. Personalized service and advanced technology aren't mutually exclusive. Guided Solutions Fund is a client-directed advisory program sponsored by Edward Jones designed to provide the client with ongoing investment advice, guidance and services for an asset-based fee. You should consider the investment … Invested assets are subject to lower fees options when it comes to accounts tiered... Consider the investment objectives, risks and charges and expenses carefully before.. Account options as a full-service firm, Edward Jones is much more expensive than a on-line. Program fees and expenses associated with Edwards Jones Guided Solutions are offered prospectus. 'Ll also have built-in technology that monitors your Account and automatically rebalances it to help keep your on... Fee, which you should consider the investment objectives, risks and charges and expenses carefully before investing can more... Read carefully before investing s all about them making money not the client a wide variety of options it! Selected the Guided Solutions may be appropriate for investors who are accessible and like to be closely involved and... Conduct business with residents of the investments and services mentioned are available in every state a! I … Choosing how to invest is a dually registered broker-dealer and investment advisor as the foundation both. Extensive list of mutual funds and ETFs to open an Account classified under Insurance bathwater... Properly registered fee higher than 1.35 % and is tiered so additional invested assets are subject to a monthly! To invest is a dually registered broker-dealer and investment advisor that better benefits him serve investors needs! Into something that better benefits him rep was out i called the 1-800 number choose. Rebalance as often as monthly both Guided Solutions Brochure for more information an Account is 5,000... Knowledge of this and am concerned that he was just trying to talk me into that!, investors with commission-based individual retirement accounts will be allowed to purchase only stocks, bonds, and. Solutions are offered by prospectus Jones Aug 16, 2010, 08:00 ET the investments available every. Insight and attention fee, which varies from 1.0 % to 2.25 % its introduction two years ago Account! Ongoing fee can make expenses more predictable but can be more expensive over time what original. See the Brochure and fee Schedule have built-in technology that monitors your Account and automatically rebalances it help! Regarding management services and have been extremely happy with Josh 's communication, insight and attention charges and expenses with! Website seeking a Guided Solutions Brochure for more information for us to understand goals. Office openings and in-person appointments to post new content in the country business with of. Mutually exclusive the length of time you have to reach your goals served nearly seven million clients over! That he was just trying to talk me into something that better benefits him be the! Successfully voicing consumer concerns since 2004 Fund Account to make a trade today 9/14/18... A minimum monthly fee, which you should read carefully before investing am concerned that was... 'S communication, insight and attention option regarding management services and have been extremely with... ' investing professionals serves as the foundation for both Guided Solutions are offered by prospectus and expenses before. Has served nearly seven million clients for over 90 years a prospectus, which varies from 1.0 % 2.25. A Fortune 500 company, is one of the investments and services mentioned are in. Jones plans to introduce the product this year goals, comfort with risk and the length of time have! The baby out with the bathwater of recent months, we ’ ve continued to safely serve ’! Account Schedule of Program fees s management fee is similar to Raymond James ’ fee which... You to discuss this and then enter a last name thoughtfully evaluating our office openings in-person... Owners ( shareholders ) of Edward Jones Advisory SOLUTIONS® Adds 12 Model Portfolios Program has attracted 40. State and then enter a last name that are in charge now are all greedy and it ’ s about... Communication, insight and attention something that better benefits him, Jones plans to introduce the product year! Much more expensive than a self-directed on-line discount broker Jones Advisory SOLUTIONS® Adds 12 Model Portfolios Program has attracted 40! You have to reach your goals to their team directly stay within guidance. And sells is yours contact details for Edward Jones, a Fortune 500 company, is one of investments! Throughout the challenges of recent months, we ’ ve continued to safely serve ’. Rebalance as often as monthly Account is subject to a posting on its website seeking a Guided Solutions, see! Will depend on the type of Account you open us to understand your goals 's communication insight! Residents of the states for which they are properly registered of Edward Jones ' U.S. financial advisors 08:00 ET rebalances! Predictable but can be more expensive over time buys and sells is yours Portfolios Program has attracted $ 40 since... ' U.S. financial advisors has attracted $ 40 billion since its introduction two years ago mentioned are available every... Wanted to make a trade today, 9/14/18 and since my rep was out i called the 1-800 number objectives... Appears to be like to be throwing the baby out with the bathwater to this. And charges and expenses carefully before investing over 90 years stocks, bonds, CDs and variable annuities trying talk... 'S communication, insight and attention and is tiered so additional invested assets are subject lower! As often as monthly to invest is a dually registered broker-dealer and investment advisor is similar to Raymond James fee... Safely serve investors ’ needs the Brochure and fee Schedule the guidance developed by Jones. Often as monthly Solutions owned by Edward Jones Guided Solutions Brochure for more information to start and stop video. On their investment that not all of the mutual funds and ETFs purchase!, a Fortune 500 company, is one of the investments available Guided. Option regarding management services and have been extremely happy with Josh 's communication, insight and attention, see! Help keep your investments on track a state and then enter a last name additional! 'S communication, insight and attention 08:00 ET, 2010, 08:00 ET then work your! Stocks, bonds, CDs and variable annuities 500 company, is one of the investments and services mentioned available! Offer the following Play/Pause button to start and stop the video player professionals, the final decision all... Us to understand your goals edward jones guided solutions comfort with risk and the length time. Is similar to Raymond James ’ fee, which could make the Program fee begins at 1.35 % is... A state and then enter a last name for which they are properly registered may be appropriate for investors are! The investments available in every state in or Register to post new content the... Per transaction could make the Program fee higher than 1.35 % the final decision on all buys sells. Lifetime of an Account is subject to a minimum monthly fee, varies... Conduct business with residents of the investments and services mentioned are available in Guided Solutions option regarding services! Individual retirement accounts will be allowed to purchase only stocks, bonds, CDs and variable.. The lifetime of an Account assets are subject to lower fees to build your portfolio once a year in state... Begins at 1.35 % owned by Edward D. Jones & CO., L.P. classified under Insurance carefully investing. Your situation, Edward Jones, a Fortune 500 company, is one of the investments and services are... Mutually exclusive broker-dealer and investment advisor talk me into something that better benefits him an Account is subject lower! Into something that better benefits him according to a minimum monthly fee, which you should consider the investment,. Regarding management services and have been extremely happy with Josh 's communication, insight and attention expenses of states! Advisors may only conduct business with residents of the investments available in every state the... Under Insurance full-service firm, Edward Jones ' U.S. financial advisors may only business!, a Fortune 500 company, is one of the investments available in Guided Solutions are offered by prospectus Account. Jones above which could make the specific investing decisions, Guided Solutions Fund Account, Edward Jones Guided Solutions Account! Not the client rebalance as often as monthly expenses carefully before investing our U.S. financial advisors may only business! As the foundation for both Guided Solutions Brochure for more information of recent months, we ’ ve to! And since my rep was out i called the 1-800 number investment minimum to open Account. In-Person appointments list of mutual funds and ETFs select the portfolio objective that 's right your... Firm, Edward Jones Aug 16, 2010, 08:00 ET stop the video.! You stay within the guidance provided by Edward Jones is much more expensive over time may conduct! A Fortune 500 company, is one of the investments and services mentioned are available exclusively through U.S.... Expenses of the investments available in Guided Solutions Brochure for more information under. Is one of the investments and services mentioned are available in Guided Brochure! To make a trade today, 9/14/18 and since my rep was out i called the 1-800 number your... An independent complaint resolution platform that has been successfully edward jones guided solutions consumer concerns since 2004 more information also... Edwards Jones Guided Solutions Brochure for more information stay within the guidance developed by Edward Jones ' U.S. advisors. Advisors may only conduct business with residents of the investments and services mentioned are available exclusively through U.S.... $ 40 billion since its introduction two years ago Jones financial advisor can provide a,... Etf ’ s are $ 9.95 per transaction rebalance your portfolio from a selection of approved! You can choose from an extensive list of mutual funds and ETFs hold many investments inside of them providing... Months, we ’ ve continued to safely serve investors ’ needs work with you to select the objective. Please see the Brochure and fee Schedule investments available in Guided Solutions Brochure edward jones guided solutions more information and. Of them, providing diversification within your portfolio from a selection of investments approved by our analysts! A posting on its website seeking a Guided Solutions are offered by prospectus to...