Comments on: My Edward Jones ROTH IRA Account Is Invested Nn B Shares – Is That Good? http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/ Teach Your Money To Think! Thu, 13 Jun 2013 14:12:00 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: David http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-2662 David Sun, 26 Jul 2009 05:31:56 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-2662 Not so quick Ted. I’m that EDJ advisor that you thought wasn’t reading this thread.

First off, I wanted to make clear that EDJ itself is not the cause of Hank’s advisor putting him in the wrong share class. With over 10k FA’s it’s not easy for the company to watch every transaction.

EDJ has always told me to do what’s right for the client. Not once have a been told to invest in XYZ in an effort to milk the client for more commissions.

I’m sorry to hear that you’re not happy with your particular advisor, but do keep in mind that the majority of EDJ FA’s will certainly have your best interest at heart.
On top of that, if you think you’re going to find a better/more honest FA at another firm, think again. Other firms will not only milk you for more commissions, they’ll even trade against their clients after making a recommendation. Happens all the time. If you really want to get away from EDJ, I would recommend an independent advisor, but stay away from the big names.

Good luck.

]]> By: Should I Buy a Loaded Mutual Fund? | My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-255 Should I Buy a Loaded Mutual Fund? | My Investing Blog Mon, 23 Jun 2008 03:26:03 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-255 [...] mentioned that she was heading into an Edward Jones investment rep this afternoon and wanted me to chime in with a few questions to help her make a good decision. [...]

]]> By: Ted http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-254 Ted Mon, 25 Feb 2008 23:59:15 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-254 I have had very similar experiences with them. It really is a company that I do not want to do business with anymore. You would think they’d read blogs like this to realize how they are affecting their customers. The fact that they don’t really says something about them…

]]> By: hank http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-252 hank Mon, 31 Dec 2007 05:13:26 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-252 Hey CubeFarmer – I know the benefits of “A” shares, and I’m waiting to hear back from him (it has been almost a month); but upon retrospect I don’t need his help anymore; I’m ready to strike out on my own. see here: http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/
:)

]]> By: cubefarmer http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-253 cubefarmer Sat, 29 Dec 2007 23:43:00 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-253 Hank – you might consider switching Edward Jones reps. The guy who set up my Roth put me in B shares as well. A EJ rep that I go to church with who I am going to switch over to has all of my new investments going into A shares. Over the long haul, A is the way to go…you’ll make more $$ if you’re a long term investor.

As for my B shares…they’re just going to sit there and stay B.

]]> By: Goodbye to my Universal Life Insurance from Hartford mutual - My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-251 Goodbye to my Universal Life Insurance from Hartford mutual - My Investing Blog Thu, 27 Dec 2007 13:02:07 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-251 [...] to mitigate the surrender charge, but I’m pretty sure it’s similar to the Edward Jones ROTH IRA ladder structure, but stretched out over a longer period, which I believe is 15 years; one thing is for sure though, [...]

]]> By: A conversation with a Charles Schwab associate about funding a ROTH IRA and their options for it. Part 2 - My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-250 A conversation with a Charles Schwab associate about funding a ROTH IRA and their options for it. Part 2 - My Investing Blog Sat, 15 Dec 2007 16:27:05 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-250 [...] up the ROTH IRA through them and finding my OWN investments to use which DON’T include the “B” shares from Edward Jones. [...]

]]> By: I’m ditching my Edward Jones deferred-loaded, “B” shares ROTH IRA. - My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-241 I’m ditching my Edward Jones deferred-loaded, “B” shares ROTH IRA. - My Investing Blog Wed, 12 Dec 2007 15:52:58 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-241 [...] Jones deferred-loaded, “B” shares ROTH IRA. Add So after writing about how my Edward Jones ROTH IRA was invested in “B shares” of NFPBX and no response back from my Edward Jones rep questioning him if I could get out without [...]

]]> By: How many ROTH IRA accounts can I have open? Can I have multiple? - My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-249 How many ROTH IRA accounts can I have open? Can I have multiple? - My Investing Blog Sun, 09 Dec 2007 16:23:22 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-249 [...] this at that, but I figured I’d add a few extra lines to better seal the deal. So in writing My Edward Jones ROTH IRA account is invested in B shares – Is that good? I researched that same question because I was fed up with getting tossed in the “B” [...]

]]> By: A conversation with a Charles Schwab associate about funding a ROTH IRA and their options for it. Part 1 - My Investing Blog http://www.myinvestingblog.com/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-248 A conversation with a Charles Schwab associate about funding a ROTH IRA and their options for it. Part 1 - My Investing Blog Fri, 07 Dec 2007 06:19:33 +0000 http://myinvestingblog.com/2007/11/28/my-edward-jones-roth-ira-account-is-invested-in-b-shares-is-that-good/#comment-248 [...] their options for it. Part 1 Add So I’m getting my ducks in a row and likely dumping my Edward Jones account and cashing out my Universal Life Insurance with Hartford so I’m on the lookout for a [...]

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