The best thing for you to do would be to leave Edward Jones. They are garbage. Answer from brianmcg321 on reddit.com
Reddit
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r/investing on Reddit: Money Market Fund Option at Edward Jones?
October 1, 2023 -
Recently looked into a Money Market Fund with Edward Jones.
Is this a good investment option and/or institution for 100-150k?
I am looking for low risk (almost 0)
Fairly liquid (a few days to withdraw with no penalties
Decent return. I was told by them 4.5% return after they take their fee.
Is there is better option with the above 3 criteria?
(Posting in several areas to get opinions)
EDIT: Going with Vanguards VMFXX.
Top answer 1 of 9
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The best thing for you to do would be to leave Edward Jones. They are garbage.
2 of 9
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EJ is terrible. You're essentially giving someone a huge fee to put money in a savings account. Open a free account at Schwab. Buy shares money market fund SWVXX paying 5.24%. Sell when needed. Pay no fees. Edit: Schwab even has branches if you're near a major city. I'm sure someone at a branch would be happy to help you do this for free.
Edward Jones
edwardjones.com › us-en › disclosures › account-protection-privacy › account-protection-sipc
Account protection and SIPC | Edward Jones
The Securities Investor Protection Corporation (SIPC) provides $500,000 of coverage for missing securities, including $250,000 for claims of cash awaiting reinvestment. Edward Jones purchases additional protection from Underwriters at Lloyd's. This policy covers only theft, misplacement, destruction, burglary, embezzlement or abstraction. Market losses are not covered by SIPC or the additional protection.
SEC.gov
sec.gov › Archives › edgar › data › 314650 › 000131814805000178 › jonesform.htm
EDWARD JONES MONEY MARKET FUND
... As with all mutual funds, the Securities and Exchange Commission (SEC) has not approved or disapproved these securities or passed upon the adequacy of this prospectus. Any representation to the contrary is a criminal offense. ... The Fund is a money market fund that seeks to maintain a ...
ConsumerAffairs
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Edward Jones Reviews 2025: Cost, Pros & Cons
After 25 years I lost 35%. They invested me in to low yield markets. It's my fault for trusting anyone with my money. Someone made money!! Wasn't me! Thanks Christopher (8) Thanks for your vote! Report ... Reviewed Sept. 12, 2025 · The worst investment I ever made. When I tried moving my money to another advisor outside of Edward Jones, it still has not occurred in 3 months, despite numerous calls and follow ups.
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Edward Jones
edwardjones.com › us-en › investment-services › account-options › banking-borrowing-solutions › insured-bank-deposit
Insured Bank Deposit Program | Edward Jones
We work with clients to help them ... along the way. Edward Jones offers solutions that provide Federal Deposit Insurance Corporation (FDIC) protection for money you're saving or need to spend in the near future....
SEC.gov
sec.gov › Archives › edgar › data › 314650 › 000031465001000002 › 0000314650-01-000002-0001.htm
Edward Jones Money Market Fund 485BPOS 4/6/01
Federated World-Class Investment Manager Edward Jones Money Market Fund Federated Investors Funds 5800 Corporate Drive Pittsburgh, PA 15237-7000 1-800-341-7400 www.federatedinvestors.com Federated Securities Corp., Distributor ... The Fund is a diversified open-end, management investment company that was established under the laws of the Commonwealth of Massachusetts on January 9, 1980.
SmartAsset
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Edward Jones Review | SmartAsset.com
While the firm's fees may seem steep when compared to several discount brokers or robo-advisors on the market today, some may find the wide range of services and personalized approach of their financial advisors worth the money. Founded in 1922 in downtown St. Louis, Edward Jones has grown from a single office into a nationwide, full-service brokerage firm with branches all across the U.S., as well as in Canada.
Address 63131, 12555 Manchester Road, St. Louis, MO 63131
AR15
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Money market accounts not covered by FDIC > General ...
Firearm Discussion and Resources from AR-15, AK-47, Handguns and more! Buy, Sell, and Trade your Firearms and Gear.
Business Insider
businessinsider.com › personal finance › banking › certificates of deposit › edward jones cd rates: pros, cons, and current rates
Edward Jones CD Rates: Pros, Cons, and Current Rates
May 27, 2025 - Edward Jones CDs are unique because they are brokered CDs — meaning Edward Jones purchases CDs from other financial institutions, then passes them onto you. This approach allows you to open CDs with several institutions at once. Brokered CDs typically have higher interest rates than traditional CDs (though they don't compound interest), and they don't charge early withdrawal penalties. Instead, you would sell your CD on the secondary market if you needed the money before your term ends.
Edward Jones
edwardjones.com › sites › default › files › acquiadam › 2020-11 › edward-jones-money-market-fund-prospectus.pdf pdf
Money Market Fund Prospectus June 29, 2020 INVESTMENT SHARES (TICKER JNSXX)
Jones financial advisor. You may pay for the purchase by check, wire, electronic · funds transfer, a transfer from another Edward Jones account, or an available
Edward Jones
edwardjones.com › sites › default › files › acquiadam › 2020-11 › edward-jones-money-market-fund-summary-prospectus.pdf pdf
Edward Jones Money Market Fund Summary Prospectus
your Edward Jones financial advisor for the current 7-Day Net Yield. ... The Fund’s investment adviser is Passport Research. The Fund’s sub-adviser · is Federated Investment Management Company (“Sub-adviser”). ... There is no minimum investment amount for the Fund. However, Edward
Quora
quora.com › Can-I-trust-Edward-Jones-with-managing-my-money-and-finances
Can I trust Edward Jones with managing my money and finances? - Quora
Answer (1 of 5): The firm is fine but largely irrelevant. It's the advisor—and how the advisor practices—that matters. As a minimum threshold, you want an advisor who puts your interests above all others: a fiduciary standard.
Edward Jones
edwardjones.com › sites › default › files › acquiadam › 2020-09 › money-market-mutual-funds.pdf pdf
Money Market Mutual Funds
Money market · mutual fund prospectuses contain important · information, including the fund’s investment · objectives, risks, charges and expenses, which · should be considered carefully before investing. For more detailed information, ask your Edward · Jones financial advisor for a prospectus.