I just did this. Long says May 10, 2012 at 11:09 am. Take the setup info for those and give it to Edward Jones. I left Scottrade for Vanguard and it was a very simple and painless process. It should be mentioned that Edward Jones isn’t the full name of the business. Those with assets held at Edward Jones have the option of taking a personal loan against holdings. All Edward Jones cares is they are making money and leaving the risk to you. Instead, it is a simplified name that sees use in a wide range of contexts for the sake of convenience. There is a huge difference in pricing structure between Edward Jones and its competitors. Reply. I have about $30k in my Roth and T-IRA accounts with EJ. What are the steps of leaving Edward Jones and moving to Vanguard? We inherited a sum amount of money with Edward Jones, we learned that when we sell/buy stocks, EJ charges us … David says: June 25, 2015 at 1:42 am . I know this sounds silly but I don't know how to "break up" with Edward Jones. Non-financial metrics, like the value associated with a local neighborhood office, should be ignored in your initial Edward Jones review. With Edward Jones I am charged a sales commission for every dollar I invest and a yearly fee for my four IRAs. melsbootstoots here July 20th, 2011 at 12:24 am. Resolved: Edward Jones should be shut down at this point. Reply. So, before shutting down with Edward Jones I’d be sure to try and gather as much info as you can! Posted by rpg37 on 12/22/16 at 3:41 pm. I'm convinced they are costing us too much in fees and want to move our accounts to Vanguard. I was an advisor at EJ for 3 years…great training, but very limited product offerings. Edward Jones is a brokerage firm that provides investment advice to individuals. Any Edward Jones review should include a comparison of costs only. Edward Jones review from San Diego, California rated 1.0/5.0 with 3 Comments: I have experienced nothing but grief from EJ. Before working with an advisor, investors are wise to research Edward Jones reviews and history. So, before shutting down with Edward Jones I’d be sure to try and gather as much info as you can! I have (or had) 1.3 million invested with them. Don't let them talk you out of it and pay the fee. The problem is I like my E. Jones guy. With cheap options like ETFs available, paying a lot for an actively managed mutual fund is the last thing a small investor should consider. Loan Offerings. Edward Jones Is a Simplified Name. 0 0. There is a reason that Edward Jones is consistently rated the best firm to work for in our country. Either the market is up and you make less than you should or the market is down and you lose more than you should. With many physical locations around the United States, Edward Jones is able to provide a personal approach to their clientele in the communities they serve. The comments about Edward Jones being different from many other firms is spot on. 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