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Originally Posted by lewdog
Their website is shit.
I can't find a list of funds they offer?
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They sell people. Small one person offices with someone you can talk with
That person will likely sell you whatever pays them the most. They got in trouble w/ the SEC for not disclosing that conflict of interest so now it's in a document on the website
Quote:
We want you to understand that Edward Jones’
receipt of revenue sharing payments creates a potential conflict of
interest in the form of an additional financial incentive and financial
benefit to the firm, its financial advisors and equity owners in
connection with the sale of products from these product partners.
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In that document you can see which funds are paying them. It's your AUM collectors you see in lots of shitty small company 401ks charging 1.4%. American Funds, John Hancock.
They are very, very popular and it surprises me. When the DOL fiduciary rule came out their first public position was that they would pull mutual funds and ETFs from their IRA options. Seriously