Edward Jones Payouts
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May 9, 2008 11:58 pm
Does anyone know if Edward Jones is going to loer psyouts on new contracts? Iwas told that it is in the works, but no details>
Sorry about the typos, should have done spellcheck.! Question is if Jones is going to lower payouts.
I can’t believe this is true. They are finally pushing the advisory platform in July. Interested if anyone out there has any details. Lots of rumors floating.
All I can confirm is that we will not be limited to the preferred funds…you will find out the rest at the next regional meeting.
Actually, only a few funds from each of the Preferred Fund families. More non-preferred than preferred.
Will you be able to charge on advisory fee on an in-kind transfer? Individual stocks?
If the advisor has to liquidate everything to get into an advisory fee, it's a joke. The conflict of interest is not removed.