Edward Jones Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Edward Jones is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Edward Jones, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Edward Jones as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Edward Jones in my Edward Jones Review – now you can learn all you need to know about it.
Is Edward Jones really a legit business?
Is Edward Jones a safe business to join?
Let me show you in my review of Edward Jones.
Get started by reading my review below.
Exactly What Is Edward Jones?
If you’ve been looking for a financial advice company, there’s a very good chance Edward Jones has been popping up in search results. Edward Jones is one of the oldest investment firms around, and while there are some aspects of it that still hold to the test of time, others are starting to show their age compared to some more recent competitors.
First off, some background on Edward Jones.
Edward Jones was first established in 1922 by Edward D. Jones. The company’s current CEO is James D Weddle and he’s been in that position since 2006.
The company’s based out of St. Louis, Missouri in the United States and is owned by the parent organization Jones Financial Companies LP LLP.
As of 2017, it was reported that Edward Jones had a total revenue of more than $7 billion.
This is a huge and long-standing company, so any questions about its legitimacy can easily be left at the door.
What Is The Edward Jones Product Line?
Edward Jones offers a lot of different financial services for a variety of people and needs.
You can browse through the company’s entire catalog of services on its website, with some of the highlights including the following:
- Wealth Management — From our Advisory Solutions, to our Trust Company and Client Consultation Group, you can find solutions to help build and protect your family’s wealth.
- Retirement & College Savings — Saving for retirement and college are two important financial goals to many investors. We offer a variety of investment options that can help.
- Cash & Credit — We offer a variety of convenient services designed to help investors manage their cash and credit needs.
- Stocks, Bonds & Mutual Funds — Diversify your portfolio with a selection of investments. We review the universe of stocks, bonds and mutual funds to select quality options for you to choose from.
What Can You Tell Me About The Compensation Plan For Edward Jones?
You’ll earn money with Edward Jones as you decide to invest in the company, but one thing you’ll want to keep an eye out for are some of the fees you need to pay.
Edward Jones has some of the highest out there, ranging from 0.50% all the way up to 1.35% for your yearly fees.
On top of that, the company also charges fees on stocks, IRAs, protection of your account, and more.
All of these can cut into the money you’re earning, so be sure to keep that in mind before joining.
What Will It Cost To Join Edward Jones?
In order to join Edward Jones, you can either sign up online or visit a local branch near you to get started.
Is Edward Jones A Scam?
If you have heard that Edward Jones is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Edward Jones a scam?
I would say no. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Edward Jones Review
Edward Jones is a legitimate investment company that could be a good fit for many of you reading this. It’s got years of experience and knowledge to work with, and that’s not something a lot of its competitors can say.
At the same time, you will be faced with a lot of charges, not investment advice on certain stock types, and no presence at all of active trading.
If those things don’t bother you, Edward Jones may be worth a closer look.
I definitely hope you have found value in my Review of Edward Jones.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Edward Jones, make sure you take the time to learn how to market yourself!
My training below can help you with that.