Can you invest in Vanguard through Edward Jones?

This past year, I transferred my investment accounts from Edward Jones to Vanguard. It was a relatively straight forward process. You can start the transfer on Vanguard’s site. However, for some accounts, you may need to fill out some paperwork and talk to someone at Edward Jones before transferring your account.

Are Edward Jones fees high?

Edward Jones does have fees. Fees are one of the biggest downfalls according to reviews online, making them something that you should check out before you decide to invest. When you put them head-to-head with the competition, you’ll find that their fees are higher than most.

What is the minimum investment for Edward Jones?

$5,000
The initial investment minimum to open an account is $5,000.

How do I transfer from Edward Jones to Vanguard?

Call vanguard with your latest Edward Jones statement. They’ll want your account # (Edward Jones is usually 8 or 9 digits) and what you’re invested in (they need the 2-5 letter symbol for each fund on your statement). They’ll use the account # to verify they can ACAT the transfer.

Is ameriprise better than Edward Jones?

Edward Jones employees rated their Career Opportunities 0.3 higher than Ameriprise employees rated theirs. Edward Jones employees rated their Compensation & Benefits 0.3 higher than Ameriprise employees rated theirs. Edward Jones employees rated their Work-life balance 0.5 higher than Ameriprise employees rated theirs.

Does Edward Jones have hidden fees?

Hidden investment fees are not uncommon, as I learned with my Fidelity 401(k), but Edward Jones ups the ante. VTSMX is the same thing as VTSAX, but for investors with fewer than $10,000. The expense ratio is slightly higher for VTSMX than VTSAX, but still very cheap relative to the competition.

Who’s Better Charles Schwab or Edward Jones?

Charles Schwab scored higher in 3 areas: Compensation & Benefits, % Recommend to a friend and Positive Business Outlook. Edward Jones scored higher in 5 areas: Career Opportunities, Work-life balance, Senior Management, Culture & Values and CEO Approval. Both tied in 1 area: Overall Rating.

What company is the best financial advisor?

Finding a Top Financial Advisor Firm

Is Edward Jones legitimate?

Edward Jones is a brokerage firm that provides investment advice. With many locations around the U.S., the firm is able to provide a personal approach to their clients in the communities they serve.