Investment with company
Hi I’ve used Edward jones since I had $200 to start. 72,retired 19 years ago consolidated everything to them performance god enough bug makes me wonder if I should have fine something more wise. I have no debt. Love listening to you on WGN radio and tv as I was a banker for 35 years Thank you
Terry Says
That depends on how much trading you do, and how much you are paying in commissions and fees every year. So the first step is to ask your broker to break out EXACTLY how much you paid in 2025 — separately in things like commissions, custodial fees, management fees (if any) AND fees on the mutual funds in your account (which are charged to the value of your fund, and may also be shared with the broker).
Then you’ll know the true cost of leaving your money there — versus the less than one-quarter of a percent that you’d pay at Fidelity or Vanguard.
Of course, if your broker is giving you good advice and holding your hand a lot, that has a certain value. Good advice is always worth paying for.
