What fees are associated with Edward Jones accounts?

Edward Jones accounts can have various fees and expenses depending on the type of account and the specific services selected. For most investment accounts, there may be commissions associated with trades, which apply when clients buy or sell stocks, bonds, or mutual funds through their accounts. In addition to these commissions, there could be annual fees related to account maintenance or advisory services, especially for managed portfolios. Mutual fund investments generally have their own expense ratios, which are ongoing fees that cover the fund's operating costs. These expenses can impact overall returns. Furthermore, clients may encounter fees for certain specialized services or transactions, such as wire transfers or account transfers. It is essential for clients to review the specific fee schedule provided by Edward Jones when opening an account to fully understand the potential costs involved. For more detailed information about the fees associated with their accounts, individuals can refer to the current web page on the Edward Jones website, which outlines the applicable fees and services.