- From mobile
- Edward Jones
- Apr 07
- by anonymous
made bad choices, and was not accountable.
We put my wife's Roth IRA into EJ. They lost $3K in two years (only $38K to start). The funds they direct you to are front-end loaded and the fees are well above the market average. The EJ reps are salespersons and little else. I understand. They have to make a living. Stock purchases are 4 times what you'll pay with someone like TdAmeritrade. We also had a savings account that lost money over the two years. Nice folks, but they are in... Read more ›
My advice would be to buy Edward Jones stock..they are the only ones who make any money. I invested 1,500 and waited for a year...nothing except $40.00 taken out for their part . decided to try again and invested $1,000 more. I was assured it takes time yada yada. Well after 3 years and three or four months...nothing except $40.00 taken out each year by Edward Jones. Now i have $120.00 less so i call them up and cancel...this experiment is not... Read more ›
only want their commissions, won't protect you, watch out for their own. don't give a da** about their clients only lining their pockets. will sell an annuity to a newly divorced woman with disabled child. horror the horror... stay away.. invest in real estate and rentals, don't take their 'maybe 6%' .. corporate politics, rip off artists. blah blah blah blah blah blah blah blah blah blah. wh yis this making me write 100 words? I can't... Read more ›
A young agent of Edward Jones comes knocking on my door looking for new business. Are they kidding? I'm going to trust my savings and investing with a kid who knows a fraction of what I do--who bothers people at their homes? In this day and age? They're lucky if they don't get shot. I'm pretty sure that people living in million-dollar houses got there by years of investing experience with trusted advisors. They will NOT give their... Read more ›
made bad choices, and was not accountable.
15+ years ago I as power of attorney took my mothers ira to ed jones, after setting down and explaining our wishes for the account with all a shares, no overseas investments, med. safe, income funds, all American at the time with a few pre owned cat stocks ( my step dads worked for cat) all was well. only problem was the broker convinced mom to sell the cat stocks at 36. with out calling me as we asked. now my mother has passed I find her new... Read more ›
I had told Luke Pasha (one of their brokers) before to invest in Kelloggs which is a very good stock. Kelloggs is part of their portfolio. I cannot understand why they did not sell bad performing stocks to buy Kelloggs which is not affected by the downturn in the market. Talking to Luke Pasha is like talking to a wall. He keeps repeating the diversification preference, but why can't he trade one stock from that sector to buy Kelloggs? I had... Read more ›
Do not invest with them, especially in their Trust Funds. Use another brokerage or Trustee. I had written before last year and they kept losing money even now. Just for the month of Dec. 2015 to Jan. 2016, they lost around $50,000.00 in one trust AND WE DO NOT HAVE A LOT OF MONEY. And now, when the market is going up, they are still losing money. My name is Aileen Aranzamendez-Large. I'm not afraid to write my real name because I am sure... Read more ›
A friend of mine invested 100,000 dollars with edward jones all in conservative funds. In less than 4 months he lost over 30,000 dollars. She said that was normal and it would go back up. Well he decided that he wants to take the rest of his money out but she refused to let him do it. Well I found out that he committed suicide the next day. These guys need to go to jail. The Federal Government needs to shut these guys down. Read more ›
JEREMY C. YODER is one of many Class A advisors at this firm. This is not a day trader investment program. They are very conservative, long term only. The bad reports of quick specs at EJ? Sorry, I don't believe it, they are quite the opposite. They don't promote email/hype trades. Jeremy watches and calls me with advice only, it's my choice. Working TOGETHER, Jeremy has kept us way above the average. You get returns from working together,... Read more ›