Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Banking Institutions
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
- Other
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Other
Edward Jones Overview
Edward Jones is a well-established investment advisory firm headquartered in St. Louis, MO. Founded in 1963, the firm offers fee-based services, functioning primarily as a broker-dealer and insurance broker/agent, providing investment advice to clients. The firm's primary focus is on portfolio management services for individuals and small businesses, with a specialized offering for businesses and institutional clients. In addition to portfolio management, Edward Jones also offers pension consulting services to clients, helping them understand different pension options and select the right one for them. The firm has a strong emphasis on client satisfaction, with a team of knowledgeable advisors who can assist clients in selecting other advisors if necessary. Overall, Edward Jones has been in business for over 58 years and has established a solid reputation as a go-to firm for investment advice. With its fee-based model, the firm is focused on ensuring clients receive value from its services and can rest assured that the advice they are receiving is objective and aligned with their best interests. Whether you are an individual or business looking for investment advice, Edward Jones is well-equipped to help.
Edward Jones, a prominent financial services firm, serves a diverse range of clients. The firm caters to individuals seeking personal financial planning, high net worth individuals requiring wealth management services, banking institutions looking for investment advice, pension or profit sharing plans seeking retirement planning solutions, and charitable organizations requiring consultation for donations and endowments. Additionally, Edward Jones serves other types of corporations not listed and other types of clients as well. In terms of fee structures, Edward Jones provides various options based on the services provided. The firm charges a percentage of asset under management (AUM) as a fee for investment management services. This fee structure is commonly used for high net worth individuals and institutional clients. Moreover, Edward Jones offers other types of fees such as hourly consultation fees, project fees, and commission-based fees for non-investment services. Clients can choose the fee structure that best meets their financial needs and objectives. Edward Jones’ comprehensive fee options make it easier for clients to access top-quality financial services while keeping costs reasonable.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for an initial investment in a Guided Solutions Fund account with Edward Jones is generally $5,000, as noted in their Part 2 Brochure. However, Benefit Plan and Zero Minimum accounts do not have a minimum initial investment requirement.
How This Office Can Help Anchorage, AK Residents
As a Financial Advisor at Edward Jones, Angela S Helms, CRPC® assists clients in Anchorage, AK in achieving their long-term financial goals. With personalized financial strategies tailored to each client's unique circumstances, she helps individuals and families plan for retirement, save for education expenses, manage debt, and build wealth through investments. Living in Anchorage, AK, individuals may face particular financial challenges such as the cost of living, high energy costs, and the volatility of the oil industry. Angela S Helms, CRPC® has a deep understanding of these local financial issues and works with clients to navigate them successfully. With her expertise and guidance, clients can feel confident that they are making informed financial decisions that will help secure their financial future.
Services Offered by Edward Jones
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Edward Jones most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8 AM–4 PM
- Tue 8 AM–4 PM
- Wed 8 AM–4 PM
- Thu 8 AM–4 PM
- Fri 8 AM–1 PM
- Sat Closed
- Sun Closed
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Edward Jones is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Virgin Islands
Disciplinary History
Edward Jones does not have any disclosures. Please visit it's Form ADV for more details.