Edward Jones New Fee Schedule

Susan Reather on

Have any Clubs that use Edward Jones been informed about the new price structure for fees for buying and selling? We went to make a trade and were told our $25.00 fee was no more, and in its place, was a new structure for fees based on a percentage of what the trade is and other criteria. We have not seen the information yet, but we were charged much more than previously. We have asked for the information in writing and will be meeting with our broker to discuss this issue next week.

Oddly, we were not given notice of the fee change which does not seem right.

Any information your club may have on this issue would be appreciated.

Susan Reather

Treasurer-Quest For Gains Club

barbara 5siegels.com on

We're with Etrade, now Morgan Stanley and there are no fees for trades - and haven't been for years.

From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Susan Reather via bivio.com <user*38643600001@bivio.com>
Date: Friday, May 17, 2024 at 2:48 PM
To: club_cafe@bivio.com <club_cafe@bivio.com>
Subject: [club_cafe] Edward Jones New Fee Schedule

Have any Clubs that use Edward Jones been informed about the new price structure for fees for buying and selling? We went to make a trade and were told our $25.00 fee was no more, and in its place, was a new structure for fees based on a percentage of what the trade is and other criteria. We have not seen the information yet, but we were charged much more than previously. We have asked for the information in writing and will be meeting with our broker to discuss this issue next week.

Oddly, we were not given notice of the fee change which does not seem right.

Any information your club may have on this issue would be appreciated.

Susan Reather

Treasurer-Quest For Gains Club

Joe Farrell on

Sounds like it's time to change to a no fee/low fee brokerage. What you describe is similar to what Merrill Lynch charged 60 years ago.

Joe Farrell

On May 17, 2024, at 4:48 PM, Susan Reather via bivio.com <user*38643600001@bivio.com> wrote:

Have any Clubs that use Edward Jones been informed about the new price structure for fees for buying and selling? We went to make a trade and were told our $25.00 fee was no more, and in its place, was a new structure for fees based on a percentage of what the trade is and other criteria. We have not seen the information yet, but we were charged much more than previously. We have asked for the information in writing and will be meeting with our broker to discuss this issue next week.
Oddly, we were not given notice of the fee change which does not seem right.

Any information your club may have on this issue would be appreciated.

Susan Reather
Treasurer-Quest For Gains Club

Carole Jansen on

No fees with Fidelity.

On Fri, May 17, 2024, 4:48 PM Susan Reather via bivio.com <user*38643600001@bivio.com> wrote:

Have any Clubs that use Edward Jones been informed about the new price structure for fees for buying and selling? We went to make a trade and were told our $25.00 fee was no more, and in its place, was a new structure for fees based on a percentage of what the trade is and other criteria. We have not seen the information yet, but we were charged much more than previously. We have asked for the information in writing and will be meeting with our broker to discuss this issue next week.
Oddly, we were not given notice of the fee change which does not seem right.

Any information your club may have on this issue would be appreciated.

Susan Reather
Treasurer-Quest For Gains Club