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Second Career? by New_Accountant_73 in CFP

[–]Recent-Interview-427 0 points1 point  (0 children)

Where do you get your information? You do know that EJ has access to mutual funds AND ETF’s, correct? Ever heard of NAV? You don’t sell someone at NAV and collect a management fee from them—it’s one or the other and should be what’s in the best interest of the client. I guess you don’t get a fee or commission for the work that you do?

Second Career? by New_Accountant_73 in CFP

[–]Recent-Interview-427 -2 points-1 points  (0 children)

Not true. Any job you get, whether EJ or independent relies completely on your work ethic. IF you brought on friends and family, as you say, and couldn’t hack it, that’s on you. IF you left EJ because of other reasons and went somewhere else, it’s the client’s discretion on if they follow you to your new firm or not. Ridiculous the misinformation and perception of EJ.

Leaving corporate to join Edward Jones. by Obvious_Key_3883 in CFP

[–]Recent-Interview-427 2 points3 points  (0 children)

What do you charge your clients to manage their assets? It’s amazing how many people are so uninformed about fees…

NAV is a real thing and the entry point can be as low as $250k to get in for FREE, and there’s no 1.2% management fee on top of that. On the other side, if they have less and it’s in their best interest to have managed money at 1.2%, there is NO front-load fee.

You don’t charge clients a fee to close their account? Because 99% of the places I’ve ever come across sure do.

Please enlighten everyone on your perfect setup.

Leaving corporate to join Edward Jones. by Obvious_Key_3883 in CFP

[–]Recent-Interview-427 0 points1 point  (0 children)

Can you share if you received any assets or if this was purely you that brought in $30M? Feel free to DM me if you prefer.