Edward Jones Payouts

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May 9, 2008 7:58 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>

May 9, 2008 8:00 pm

Sorry about the typos, should have done spellcheck.! Question is if Jones is going to lower payouts.

May 9, 2008 10:14 pm

I’m at Jones and haven’t heard anything like that. 

May 9, 2008 10:30 pm

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.

May 9, 2008 11:43 pm

160 Funds only from preferred families and ETF’s.

May 10, 2008 2:12 am

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.

May 10, 2008 7:00 am

and the payout will be nill

May 10, 2008 11:04 am

Its actually really good…I just cant disclose it at this time 

May 10, 2008 3:46 pm

Actually, only a few funds from each of the Preferred Fund families. More non-preferred than preferred.

May 10, 2008 5:52 pm

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.