Account costs and fees
Working with an Edward Jones financial advisor means you have a partner who deeply understands you and your goals. Understanding your costs and fees is an integral part of that partnership.
We’ve designed our account options so you can choose the approach that works for you. With all our options, your financial advisor helps you by:
- Building customized financial strategies that work for your goals and comfort with risk
- Providing the knowledge and guidance you need to feel confident, informed and in control of your future
- Staying connected throughout your journey to help keep you on track.
Financial advisor fees and account types
| Account Type | Costs and Fees | Minimum Investment |
|---|---|---|
| Edward Jones Select Account You choose your investments, and your financial advisor provides advice based on Edward Jones guidance. You determine if, when and how to make changes. | Commissionsand sales charges when you buy and sell investments, generally ranging from 0.75% to 5.75%, which may be lower and vary based on the type and amount of the investment you trade. Some investments have third-party internal expenses. | No account minimum; however, some investments require minimum purchase amounts. |
| Edward Jones Guided Solutions® Based on your goals and comfort with risk, you and your financial advisor build and maintain a portfolio within our asset allocation guidance. | Annual Program Fee of 1.35%, with lower tiers and reduced rates for higher asset levels. Some investments have third-party internal expenses. | $5,000 for Fund Accounts mutual funds and ETFs. $25,000 for Flex Accounts with mutual funds, ETFs and stocks. $50,000 for Flex Accounts with mutual funds, ETFs, stocks, bonds and CDs. |
| Edward Jones Advisory Solutions® You and your financial advisor select one of our portfolio models that aligns with your goals and comfort with risk. Edward Jones invests and manages your account. | Annual Program Fee of 1.35%, with lower tiers and reduced rates for higher asset levels. Annual Portfolio Strategy Fee of 0.09% or 0.19% depending on account type, with lower tiers and reduced rates for higher asset levels. SMA manager fees also apply (PDF). Some investments have third-party internal expenses. | $25,000 for Fund Models (mutual funds and/or ETFs). $300,000 for Unified Managed Account Models – Tax-managed portfolios containing mutual funds, ETFs and/or separately managed accounts (SMAs). For UMA Models investing in a Balanced growth & income, Balanced toward growth, Growth focus or All-equity focus portfolio objective, including Custom Models containing SMAs, the initial minimum investment amount is $300,000, with additional options available at $500,000 and $1 million. For UMA Models investing in an Income focus or Balanced toward income portfolio objective, including Custom Models containing SMAs, the initial minimum investment amount is $500,000, with additional options available at $1 million. |
There are many benefits to seeing a financial advisor, so before you make any decisions about your path forward, we want to understand what’s important to you. Contact an Edward Jones financial advisor for a no-cost, no-obligation consultation today.
Important information:
Many of the investments available through Edward Jones are offered by prospectus. You should consider the investment objectives, risks and charges and expenses carefully before investing. The prospectus contains this and other important information. Your Edward Jones financial advisor can provide a prospectus, which you should read carefully before investing.
Edward Jones is a dually registered broker-dealer and investment adviser. Edward Jones Advisory Solutions®is a wrap fee program that provides investment advisory services for an asset-based fee. Depending on a client’s minimum investment, a client can select Fund Models, which invest in affiliated mutual funds (if available), unaffiliated mutual funds and exchange-traded funds (ETFs), or UMA Models, which also include separately managed allocations (SMAs). Please note that Benefit Plan accounts (as defined in the Client Agreement and Brochure) participating in Advisory Solutions Fund Models prior to June 1, 2018, do not pay the Portfolio Strategy Fee. Please review the applicable Edward Jones Advisory Solutions Brochure for more information.
Edward Jones Guided Solutions®is a client-directed advisory program designed to provide the client with ongoing investment advice, guidance and services for an asset-based fee. Depending on a client’s minimum investment, a client can select a Guided Solutions Fund Account, which permits investment in eligible mutual funds and exchange-traded funds (ETFs), or a Guided Solutions Flex Account, which also permits investment in eligible stocks and, for accounts of $50,000 or more, individual bonds and CDs. Within the Guided Solutions Fund Account, accounts can be established with an initial investment amount of less than $5,000 and are not subject to an account minimum. Until these accounts reach $5,000, they are limited in the number and types of investments that may be purchased or held. Please review the applicable Edward Jones Guided Solutions Brochure for more information.
The Edward Jones Select Account is a transactional (brokerage) account. You pay a commission when you buy and sell certain investments. Some investments, such as mutual funds, may also have internal expenses in addition to a sales charge. There is no minimum investment for a Select Account; however, some investments in Select Accounts require minimum purchase amounts. In an Edward Jones Select Account, you can build your portfolio with a range of investment choices that includes stocks, bonds, CDs, mutual funds, exchange-traded funds (ETFs) and annuities.
Certain brokerage accounts may not be part of the Select Account program. These accounts include some non-ERISA retirement plans, ERISA retirement plans, Flex Fund accounts and pooled employer retirement plans. Please contact your financial advisor for additional information. Purchases of annuities in a Select Account may require at least a $10,000 minimum.
Related links
Brokerage Account Agreements
