Wealth Rollover
wealthrollover.com › home › news › comparing edward jones vs ameriprise: fee insights
Comparing Edward Jones vs Ameriprise: Fee Insights - Wealth Rollover
September 29, 2024 - With Ameriprise, the annual fee might range from $600 to $2,000 depending on the account type and services included. Edward Jones charges account maintenance fees. These are often around $40 annually for IRAs and other retirement accounts.
Reddit
reddit.com › r/personalfinance › edward jones or ameriprise?
r/personalfinance on Reddit: Edward jones or Ameriprise?
August 9, 2023 -
Hello,
Just curious which is better for retirement plans? We have Edward Jones but our guy moved to Ameriprise and is trying to get us to switch. I had tried to contact Vanguard to move our IRAs, but was told we couldn't do it because of the particular funds we had at Edward Jones. Any advice appreciated. Thanks!
Top answer 1 of 5
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Neither.
Schwab, Vanguard or Fidelity and manage it yourself. You can sell whatever garbage, high fee funds EJ has you invested in and buy something better.
2 of 5
8
Sell everything. Move the cash to Schwab, Vanguard or Fidelity and manage it yourself. It is easy. You won't be paying fees for nothing. You'll keep more of your money.
Moomoo
brokerage-review.com › wealth-management › vs › edward-jones-vs-ameriprise.aspx
Edward Jones vs Ameriprise (2025)
Edward Jones vs Ameriprise: which wealth management company is better? Compare (Roth) IRA accounts, online trading fees.
Indeed
indeed.com › companies
Compare working at Ameriprise Financial vs Edward Jones | Indeed.com
Compare management, culture and compensation ratings for Ameriprise Financial and Edward Jones.
Financial Samurai
financialsamurai.com › home › blog › average advisor fees charged by brokerage
Average Advisor Fees Charged By Brokerage: Fees Are Declining
October 28, 2023 - Clients under $500,000 will get a team e.g. junior person. Edward Jones charges 1.35% – 1.5%, depending on AUM size for their advisory business + ~0.5 – 0.7% in expense ratios.
Impersonal Finances
impersonalfinances.com › home › investing › you’re probably getting screwed by edward jones fees
You’re Probably Getting Screwed By Edward Jones Fees - Impersonal Finances
January 14, 2025 - I was originally with Merrill lynch then I realized I could do better with fund manager in fla had a lot of fidelity funds they were advisor funds did well even with high fees because of advisor loads then he merged with Ameriprise funds that’s wher the problem began fees were high but he said if I paid extra half percent I would be regarded as a special account person red flag went up I had been also invested with vanguard for years after this I decided to switch all accounts over to vanguard peanuts for fees I wished I would have done this when I first started to invest yrs ago what people don’t seem to realize is up or down markets you still pay the high fees and that really adds up alan b
Bogleheads.org
bogleheads.org › board index › us investors › personal investments
I want to leave Edward Jones and go to Schwab - Bogleheads.org
They charged us numerous fees during our tenure with them. Ameriprise would not refund the account closing fees, despite my requests and complaints to my former advisor.
Military Plan
militaryplan.com › home › news › edward jones vs. ameriprise: compare fees & benefits
Edward Jones vs. Ameriprise: Compare Fees & Benefits - Military Plan
August 9, 2024 - These can include: Annual Account Fee: Generally around $40 per account ... For investors seeking personalized advice and hands-on management, these fees are in line with industry standards.
Bettertomorrowfinancial
bettertomorrowfinancial.com › 2021 › 03 › 25 › how-to-avoid-money-management-companies-that-want-to-sucker-you
How to avoid money management companies that want to sucker you
June 2, 2023 - Edward Jones: same thing as Ameriprise, but often with high-fee mutual funds that they get their kick-backs from.
Talking Real Money
talkingrealmoney.com › compare
Compare — Talking Real Money - Investing Talk
These are the advisory fees charged as a percentage of assets under management (AUM). They do not include the internal fees of any investments used.
InvestmentNews
investmentnews.com › retirement planning › clients most satisfied at ameriprise, ed jones, merrill: report
Clients most satisfied at Ameriprise, Ed Jones, Merrill: Report - InvestmentNews
May 6, 2021 - Having fees be understandable and reasonable was the top concern among all groups of respondents, except for those with asset levels between $500,000 and $2 million.
Broker-transition
broker-transition.com › whose-clients-are-they-edward-jones-sues-150m-ameriprise-advisors
Whose clients are they? Edward Jones sues $150M Ameriprise advisors – Broker Transition
Edward Jones is suing two advisors who moved to Ameriprise for allegedly violating non-solicitation agreements, making this the latest case of a brokerage firm taking its former employees to court over client contacts.
25
25financial.com › home › finance › edward jones vs competitors: what investors need to know
Edward Jones vs Competitors: What Investors Need to Know - 25 Financial
July 16, 2025 - Known for its in-person, community-based model, Edward Jones assigns each client a personal financial advisor who typically offers planning services, including retirement accounts, mutual funds, annuities, and insurance. While Edward Jones is beloved by some for its hometown feel and personal touch, critics point to its fee-based structure and reliance on proprietary products, which may come with higher fees and expense ratios.
Moneywise
moneywise.com › investing › reviews › edward-jones
Edward Jones Review: Are You Getting a Fiduciary for the Fees?
September 25, 2024 - Paying fees in percentages will ... free. You don't need to pay nearly $100,000 to Edward Jones when you can get the same, if not better, returns for much less with smaller fees or flat monthly rate costs....
Top answer 1 of 9
3
There are far better places than those out there. Where are you at now?
2 of 9
2
Based on my direct experience, both Ameriprise and Edward Jones have their unique strengths and could be good options depending on your specific needs and preferences for independence versus being an employee. I know the tech stack and comp plans for both.
I invited you to discuss your T-12 and AUM offline. I have been actively recruited by both firms in Manhattan.
Ameriprise:
- Ameriprise has invested significantly in its integrated advisor technology, the Practice Tech platform.
- The platform offers a variety of features to meet your specific needs and get real-time account activity alerts.
- It provides tools to streamline your practice, customize your work style, build efficiencies, and grow your practice.
- Ameriprise also offers a mobile app and online portal for more streamlined and interactive client account viewing.
- The Ameriprise digital tools allow seamless tracking of goals and management of portfolios.
EJ:
- Edward Jones is a private partnership investing significantly in technology, including a $1 billion investment in 2022
- In Q2/24: AUM topped $2T - https://www.barrons.com/advisor/articles/edward-jones-assets-484b5897?mod=djem_b_Advisor%20Daily%208122024%2050039%20PM
Building out a new midtown Manhattan "Hub" to open in April 2025.
_ Programs to attract "emerging advisors" offering 100% salary and declining in months: 9-48 versus an experienced advisor offering for advisors arriving with established books (no salaries).
- They are gradually making third-party financial planning from Envestnet | MoneyGuide Pro available to its advisors.
- Edward Jones' technology is designed to boost your productivity and elevate the client experience.
- Their systems are integrated, allowing all systems to talk to each other and providing real-time updates.
- Edward Jones also uses a proprietary tool called Financial Foundation to help clients plan for their needs and goals.
Speak to advisors who have been at EJ 10+years and they are content with their career paths.
Ameriprise
ir.ameriprise.com › news-events › news-releases › press-release › 2023 › Advisor-Chooses-Ameriprise-Financial-for-Firms-Large-Toolbox-of-Resources-to-Serve-Clients › default.aspx
Ameriprise Financial Investor Relations | Advisor Chooses Ameriprise Financial for Firm’s Large ‘Toolbox’ of Resources to Serve Clients
MINNEAPOLIS--(BUSINESS WIRE)-- Financial advisor Russell Smith recently moved his $150-million-dollar practice to the branch channel of Ameriprise Financial, Inc (NYSE: AMP) in Downers Grove, Illinois. Smith switched firms after two decades with Edward Jones for access to more resources and products to serve his high-net-worth client base.
Financial Planning
financial-planning.com › list › how-the-largest-wealth-management-firms-do-revenue-sharing
How the largest wealth management firms do revenue sharing | Financial Planning
July 11, 2023 - In the wake of that guidance, certain firms are providing much more detail than others to advisors, clients and the public about their relationships with mutual fund companies. Ameriprise and Edward Jones are the only firms that displayed the exact amount of the revenue sharing payments they ...
Edward Jones
edwardjones.com › us-en › working-financial-advisor › fees
Financial Advisor Costs & Fees | Edward Jones
Financial advisor costs and fees depend on the type of Edward Jones account you open. Understanding your costs and fees is an integral part of your partnership with us.
Financial Advisor IQ
financialadvisoriq.com › c › 4642044 › 616674 › sues_edward_jones_over_expense_reimbursement
Financial Advisor IQ - FA Sues Edward Jones over Fee and Expense Reimbursement
FA Sues Edward Jones over Fee and Expense Reimbursement · Ameriprise Head of Advisor Recruiting Resigns · Industry MovesLPL Pulls $2.1B Texas RayJay GroupWealth Enhancement Group Acquires $2.4B RIAMercer Scores $523M North Carolina RIAB. Riley Loses $650M FA Team to Prospera ·
Bogleheads.org
bogleheads.org › board index › us investors › personal investments
Questions for Edward Jones advisor - Bogleheads.org
If you're happy, that's a good outcome. I could relate other tales of woe, but my experience with Ameriprise has been drastically different than yours. Every time I've encountered them the product recommendations have been off base, and the fees are too high to be taken seriously.