Leaving Edward Jones

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hacktorious
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Leaving Edward Jones

Post by hacktorious » Mon Jul 23, 2018 9:09 pm

Hey folks,

I'm planning to transfer my funds from EJ and put them into index funds. Does anyone here have experience dealing with EJ? I was completely disgusted after I realized all the fees they charge on everything.

Basically I'm curious if there are any gotchas I need to be aware of when I pull my funds. Basically I don't want to discover there is catch somewhere which will cause me thousands of dollars as a result of dumping the funds at EJ. Thanks.

hacktorious
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Dave Ramsey Fund Recommendations

Post by hacktorious » Mon Jul 23, 2018 9:14 pm

Hey folks,

I've been following Dave Ramsey for a while now. Any thoughts on his investment advice? He really seems to hate passive investing. I'm not sure if this is because he is in cahoots with the fund managers, he his making money off of it, or what.

I went through the FPU course and I'm not convinced his investment strategies are sound. I'm currently planning to move my assets into index funds, but just wanted some opinions. Thanks.

hacktorious
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Portfolio Setup

Post by hacktorious » Mon Jul 23, 2018 9:17 pm

What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)

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LadyGeek
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Re: Leaving Edward Jones

Post by LadyGeek » Mon Jul 23, 2018 9:20 pm

Welcome! In order to give appropriate advice, it's best to keep all the information in one spot. I merged your 3 questions together, as they both relate to your portfolio.

The general opinions of Dave Ramsey are that he provides very good advice on how to get your personal finances in order, but his promise of getting a large return on your investments is unrealistic (far too high).

May I recommend you post your portfolio info in this thread using the Asking Portfolio Questions format? It will make you think about the big picture while providing us the information we need to point you in the right direction.

If you have any questions, ask them here.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

inverter
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Re: Leaving Edward Jones

Post by inverter » Mon Jul 23, 2018 9:33 pm

Echoing LadyGeek, if you'd post in the format first, it would help us help you.

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David Jay
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Re: Leaving Edward Jones

Post by David Jay » Mon Jul 23, 2018 9:43 pm

Many here like Total Stock (US) as the core holding. Then Total International as the core international holding. Bond should be short term (as you indicated) or intermediate term.

Total stock already holds small cap at market weighting. Some here “tilt” to small cap, but any tilt away from market cap should be researched and you should understand why you are tilting away from market cap.
Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius

Miriam2
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Re: Leaving Edward Jones

Post by Miriam2 » Mon Jul 23, 2018 11:41 pm


student
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Re: Leaving Edward Jones

Post by student » Tue Jul 24, 2018 5:47 am

Miriam2 wrote:
Mon Jul 23, 2018 11:41 pm
These threads on Edward Jones may help

viewtopic.php?f=1&t=190436
viewtopic.php?f=1&t=207584
viewtopic.php?f=1&t=155492
viewtopic.php?f=1&t=126432
+1. Great decision on leaving Edward Jones.

aussiedog
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Re: Leaving Edward Jones

Post by aussiedog » Tue Jul 24, 2018 8:24 am

I recently left Edward Jones and the process was fairly easy and not fee-ridden. Funds were moved to Vanguard, and the key was having one of the Vanguard funds transfer specialists involved in the process. You might investigate this if you are considering moving to Vanguard.

pqwerty
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Re: Leaving Edward Jones

Post by pqwerty » Tue Jul 24, 2018 10:44 am

I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Tue Jul 24, 2018 11:55 am

UGH, what a mess! My portfolio looks the same exact way.

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Tue Jul 24, 2018 11:56 am

pqwerty wrote:
Tue Jul 24, 2018 10:44 am
I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.
Thanks for the info. I did checkout several other companies and decided I'm most comfortable with Vanguard at this time.

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Tue Jul 24, 2018 11:57 am

aussiedog wrote:
Tue Jul 24, 2018 8:24 am
I recently left Edward Jones and the process was fairly easy and not fee-ridden. Funds were moved to Vanguard, and the key was having one of the Vanguard funds transfer specialists involved in the process. You might investigate this if you are considering moving to Vanguard.
I will definitely do this. Thanks.

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Tue Jul 24, 2018 11:59 am

pqwerty wrote:
Tue Jul 24, 2018 10:44 am
I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.
I don't think most of the stuff would be able to be transferred in-kind anyways. My plan is to put it all in index funds anyways so I will likely liquidate it before the transfer.

ExitStageLeft
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Re: Leaving Edward Jones

Post by ExitStageLeft » Tue Jul 24, 2018 1:07 pm

hacktorious wrote:
Tue Jul 24, 2018 11:59 am
pqwerty wrote:
Tue Jul 24, 2018 10:44 am
I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.
I don't think most of the stuff would be able to be transferred in-kind anyways. My plan is to put it all in index funds anyways so I will likely liquidate it before the transfer.
We're in the same boat. My wife has an IRA and an inherited IRA with Edward Jones that she set up after her father's death. I think the EJ fees are egregious but I do have to acknowledge that her after-fee returns over the last 8 years were comparable to a three-fund portfolio with the same asset allocation. But returns come and go, while fees last forever. There are thirteen American Funds that she'll be divesting at EJ prior to moving over to Vanguard.

Jack FFR1846
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Re: Leaving Edward Jones

Post by Jack FFR1846 » Tue Jul 24, 2018 1:18 pm

Edward Jones is bad but Dave Ramsey's investment advice is even worse. For a guy who has done so much good for people who needed help getting out of debt, peddling bad advice specifically so he could get his kick backs from his sponsoring investor network is disappointing to say the least.

Sort of like saying, wear seat belts to be safe, then pour gas all over yourself and light yourself on fire so you don't have to use the heater in the car.
Bogle: Smart Beta is stupid

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onthecusp
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Re: Portfolio Setup

Post by onthecusp » Tue Jul 24, 2018 1:38 pm

hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
As a straw man portfolio for a little discussion, not bad.

From an expense ratio standpoint.
Large cap blend is a very low 0.04% expense ratio.
International growth is a moderate to high 0.45% expense ratio. Kind of expected in many international funds.
Small Medium Growth is a very low 0.08% expense ratio.
Bond fund is a moderate to low (for bonds) 0.2% expense ratio.

To me it looks similar to a Boglehead 3 fund portfolio. (Domestic Total Market, International Total Market, Domestic Bonds)
1. The first and third almost combine to a Domestic Total Market, but you are leaving out small value stocks, something many of us add more of.
2. The international leans to growth and away from value, probably away from small as well. A total international market index fund is likely to be a lower expense ratio and a little more diversified.
3. The bond fund includes corporate. That is a choice. Personally I stay to government bonds, sacrificing yield for what I hope is less (or even inverse) correlation in market downturns.

I'm sold on the advantage of small and value so my tilts are in that direction. This portfolio is tilted towards growth.
An example of a low expense ratio international index fund would be Fidelity Total International Index Fund FTIPX at 0.1%. I'm sure Vanguard has something similar.

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dwickenh
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Re: Leaving Edward Jones

Post by dwickenh » Tue Jul 24, 2018 1:50 pm

Jack FFR1846 wrote:
Tue Jul 24, 2018 1:18 pm
Edward Jones is bad but Dave Ramsey's investment advice is even worse. For a guy who has done so much good for people who needed help getting out of debt, peddling bad advice specifically so he could get his kick backs from his sponsoring investor network is disappointing to say the least.

Sort of like saying, wear seat belts to be safe, then pour gas all over yourself and light yourself on fire so you don't have to use the heater in the car.
ROFL I love this comparison!!!

Nice one Jack
The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” | — Warren Buffett

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Toons
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Re: Leaving Edward Jones

Post by Toons » Tue Jul 24, 2018 1:58 pm

Dave Ramsey?
If nothing else focus laser like on becoming
Debt Free.
:happy
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

hacktorious
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Re: Portfolio Setup

Post by hacktorious » Wed Jul 25, 2018 7:49 am

onthecusp wrote:
Tue Jul 24, 2018 1:38 pm
hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
As a straw man portfolio for a little discussion, not bad.

From an expense ratio standpoint.
Large cap blend is a very low 0.04% expense ratio.
International growth is a moderate to high 0.45% expense ratio. Kind of expected in many international funds.
Small Medium Growth is a very low 0.08% expense ratio.
Bond fund is a moderate to low (for bonds) 0.2% expense ratio.

To me it looks similar to a Boglehead 3 fund portfolio. (Domestic Total Market, International Total Market, Domestic Bonds)
1. The first and third almost combine to a Domestic Total Market, but you are leaving out small value stocks, something many of us add more of.
2. The international leans to growth and away from value, probably away from small as well. A total international market index fund is likely to be a lower expense ratio and a little more diversified.
3. The bond fund includes corporate. That is a choice. Personally I stay to government bonds, sacrificing yield for what I hope is less (or even inverse) correlation in market downturns.

I'm sold on the advantage of small and value so my tilts are in that direction. This portfolio is tilted towards growth.
An example of a low expense ratio international index fund would be Fidelity Total International Index Fund FTIPX at 0.1%. I'm sure Vanguard has something similar.
Thanks. You mention leaning more towards small value, do you have any vanguard funds which may be of interest in mind?

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Wed Jul 25, 2018 7:49 am

dwickenh wrote:
Tue Jul 24, 2018 1:50 pm
Jack FFR1846 wrote:
Tue Jul 24, 2018 1:18 pm
Edward Jones is bad but Dave Ramsey's investment advice is even worse. For a guy who has done so much good for people who needed help getting out of debt, peddling bad advice specifically so he could get his kick backs from his sponsoring investor network is disappointing to say the least.

Sort of like saying, wear seat belts to be safe, then pour gas all over yourself and light yourself on fire so you don't have to use the heater in the car.
ROFL I love this comparison!!!

Nice one Jack
Hahahaha... :D

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Wed Jul 25, 2018 7:52 am

Jack FFR1846 wrote:
Tue Jul 24, 2018 1:18 pm
Edward Jones is bad but Dave Ramsey's investment advice is even worse. For a guy who has done so much good for people who needed help getting out of debt, peddling bad advice specifically so he could get his kick backs from his sponsoring investor network is disappointing to say the least.

Sort of like saying, wear seat belts to be safe, then pour gas all over yourself and light yourself on fire so you don't have to use the heater in the car.
OMG that's funny.... :sharebeer

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onthecusp
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Re: Portfolio Setup

Post by onthecusp » Wed Jul 25, 2018 8:52 am

hacktorious wrote:
Wed Jul 25, 2018 7:49 am
onthecusp wrote:
Tue Jul 24, 2018 1:38 pm
hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
As a straw man portfolio for a little discussion, not bad.

From an expense ratio standpoint.
Large cap blend is a very low 0.04% expense ratio.
International growth is a moderate to high 0.45% expense ratio. Kind of expected in many international funds.
Small Medium Growth is a very low 0.08% expense ratio.
Bond fund is a moderate to low (for bonds) 0.2% expense ratio.

To me it looks similar to a Boglehead 3 fund portfolio. (Domestic Total Market, International Total Market, Domestic Bonds)
1. The first and third almost combine to a Domestic Total Market, but you are leaving out small value stocks, something many of us add more of.
2. The international leans to growth and away from value, probably away from small as well. A total international market index fund is likely to be a lower expense ratio and a little more diversified.
3. The bond fund includes corporate. That is a choice. Personally I stay to government bonds, sacrificing yield for what I hope is less (or even inverse) correlation in market downturns.

I'm sold on the advantage of small and value so my tilts are in that direction. This portfolio is tilted towards growth.
An example of a low expense ratio international index fund would be Fidelity Total International Index Fund FTIPX at 0.1%. I'm sure Vanguard has something similar.
Thanks. You mention leaning more towards small value, do you have any vanguard funds which may be of interest in mind?
VSIAX is the main one. It is an admiral fund so requires a minimum investment. There are related ones with lower minimums and slightly higher expense ratio.

A boglehead way to implement such a tilt would be a standard 3 fund as described in the wiki with 95percent of funds and VSIAX with 5percent. It is futzing around the edges and there is not full agreement that it is worth the extra volatility.

My main point was that your example tilted the other way, toward the growth factor and I don't think many, if any, recommend that.
Last edited by onthecusp on Wed Jul 25, 2018 9:31 am, edited 1 time in total.

lostdog
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Re: Dave Ramsey Fund Recommendations

Post by lostdog » Wed Jul 25, 2018 9:09 am

hacktorious wrote:
Mon Jul 23, 2018 9:14 pm
Hey folks,

I've been following Dave Ramsey for a while now. Any thoughts on his investment advice? He really seems to hate passive investing. I'm not sure if this is because he is in cahoots with the fund managers, he his making money off of it, or what.

I went through the FPU course and I'm not convinced his investment strategies are sound. I'm currently planning to move my assets into index funds, but just wanted some opinions. Thanks.
Yes, he has his endorsed local providers to consider. If he endorsed low cost index funds he would be alienating his ELP's. In my opinion, deep down I think he truly believes in index funds but he is looking out for himself and his ELP's first.

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Re: Portfolio Setup

Post by BolderBoy » Wed Jul 25, 2018 9:18 am

hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
Do a search on the forum for "three fund portfolio".
"Never underestimate one's capacity to overestimate one's abilities" - The Dunning-Kruger Effect

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Wed Jul 25, 2018 11:15 am

So for the rollover everything will be in cash. I have several funds I want to put the money in. Typically I would just put all the money into the funds right away. Am I better off spreading it out over a few months and doing something like $5k investments until the cash has all been put into the funds? I realize it will cost more fees this way, but I'm wondering how other people do this. Thanks.

I'm having the funds liquidated on the EJ side to avoid having to pay fees on the vanguard side to liquidate all the funds.

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Re: Portfolio Setup

Post by LadyGeek » Wed Jul 25, 2018 3:10 pm

BolderBoy wrote:
Wed Jul 25, 2018 9:18 am
hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
Do a search on the forum for "three fund portfolio".
Here you go: Three-fund portfolio
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

DippityDoo
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Re: Leaving Edward Jones

Post by DippityDoo » Wed Jul 25, 2018 4:16 pm

hacktorious wrote:
Wed Jul 25, 2018 11:15 am
I'm having the funds liquidated on the EJ side to avoid having to pay fees on the vanguard side to liquidate all the funds.
Congrats on the decision to leave EJ! If your portfolio resembles my former EJ portfolio, there will be some proprietary funds that will have to be sold on the EJ side. But others MAY be cheaper to sell at Vanguard. Please make sure you've gone through the fine print on fees, commissions, etc for sales on the EJ side. It would have cost me a pretty penny to sell at EJ. I was fortunate to get a deal at Fidelity to sell without any fees and spare myself the expense of selling at EJ.

Best wishes as you disentangle yourself from EJ.

Jablean
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Re: Leaving Edward Jones

Post by Jablean » Wed Jul 25, 2018 4:26 pm

hacktorious wrote:
Wed Jul 25, 2018 11:15 am
So for the rollover everything will be in cash. I have several funds I want to put the money in. Typically I would just put all the money into the funds right away. Am I better off spreading it out over a few months and doing something like $5k investments until the cash has all been put into the funds? I realize it will cost more fees this way, but I'm wondering how other people do this. Thanks.

I'm having the funds liquidated on the EJ side to avoid having to pay fees on the vanguard side to liquidate all the funds.
Recommendation is to reinvest immediately. Practicality it depends on your mindset. Some people like the one day and done for others it makes them anxious. Is this a taxable account? Are you paying lots in capgains?

I don't understand why you think there will be fees? Are these EFTs instead of mutual funds?

FoolStreet
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Re: Leaving Edward Jones

Post by FoolStreet » Wed Jul 25, 2018 4:34 pm

hacktorious wrote:
Tue Jul 24, 2018 11:59 am
pqwerty wrote:
Tue Jul 24, 2018 10:44 am
I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.
I don't think most of the stuff would be able to be transferred in-kind anyways. My plan is to put it all in index funds anyways so I will likely liquidate it before the transfer.
I don’t have any experience with EJ but read these threads because I enjoy seeing people get their aha moments

Anyway, as you think about your transfer steps, you will want to minimize transaction costs (from EJ) and you really don’t need to ask them for permission. Each sale transaction will probably incur a transaction fee. So see if transferring in kind can get you out of having that cost. I assume that having Vanguard (or other low cost broker) initiate the transfers by “pulling” the assets from EJ will dodge the EJ costs. Then you can sell the funds from within the new brokerage at lower transaction costs. Many brokerages including Vanguard offer free trades for larger accounts.

Let us know ok?

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Re: Leaving Edward Jones

Post by vineviz » Wed Jul 25, 2018 4:45 pm

hacktorious wrote:
Tue Jul 24, 2018 11:59 am
I don't think most of the stuff would be able to be transferred in-kind anyways. My plan is to put it all in index funds anyways so I will likely liquidate it before the transfer.
I'd be shocked if it couldn't all be transferred in kind: virtually nothing EJ sells can't be held at Vanguard.

It'll be a lot easier to transfer THEN sell, plus you'll remain fully invested and Vanguard will have your tax records.
"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves." ~~ Peter Lynch

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Wed Jul 25, 2018 9:25 pm

DippityDoo wrote:
Wed Jul 25, 2018 4:16 pm
hacktorious wrote:
Wed Jul 25, 2018 11:15 am
I'm having the funds liquidated on the EJ side to avoid having to pay fees on the vanguard side to liquidate all the funds.
Congrats on the decision to leave EJ! If your portfolio resembles my former EJ portfolio, there will be some proprietary funds that will have to be sold on the EJ side. But others MAY be cheaper to sell at Vanguard. Please make sure you've gone through the fine print on fees, commissions, etc for sales on the EJ side. It would have cost me a pretty penny to sell at EJ. I was fortunate to get a deal at Fidelity to sell without any fees and spare myself the expense of selling at EJ.

Best wishes as you disentangle yourself from EJ.
Thanks. I got confirmation and it will cost me a total of $95 to liquidate everything on the EJ side.

hacktorious
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Re: Leaving Edward Jones

Post by hacktorious » Wed Jul 25, 2018 9:28 pm

FoolStreet wrote:
Wed Jul 25, 2018 4:34 pm
hacktorious wrote:
Tue Jul 24, 2018 11:59 am
pqwerty wrote:
Tue Jul 24, 2018 10:44 am
I don't think there are any gotchas. EJ will charge you a fee of $95/account for closing the account. If you transfer in-kind, double check that there is no fee for selling the funds at the company you are transferring. If you have a bunch of funds this could add up quick. There are existing threads on this issue.

In general, Dave Ramsey's investing advice isn't well received by Bogleheads. Personally, I would just ignore him. Search the forum for examples.

It looks like you are targeting Vanguard. Good choice, but note there are other companies similar to Vanguard you may want to consider. Not promoting any one in particular, but just to let you know there are options.
I don't think most of the stuff would be able to be transferred in-kind anyways. My plan is to put it all in index funds anyways so I will likely liquidate it before the transfer.
I don’t have any experience with EJ but read these threads because I enjoy seeing people get their aha moments

Anyway, as you think about your transfer steps, you will want to minimize transaction costs (from EJ) and you really don’t need to ask them for permission. Each sale transaction will probably incur a transaction fee. So see if transferring in kind can get you out of having that cost. I assume that having Vanguard (or other low cost broker) initiate the transfers by “pulling” the assets from EJ will dodge the EJ costs. Then you can sell the funds from within the new brokerage at lower transaction costs. Many brokerages including Vanguard offer free trades for larger accounts.

Let us know ok?
Fortunately EJ doesn't charge fees to sell the funds and liquidate my account. They only charge $95 to transfer and close the account.

hacktorious
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Re: Portfolio Setup

Post by hacktorious » Wed Jul 25, 2018 10:04 pm

LadyGeek wrote:
Wed Jul 25, 2018 3:10 pm
BolderBoy wrote:
Wed Jul 25, 2018 9:18 am
hacktorious wrote:
Mon Jul 23, 2018 9:17 pm
What are your thoughts on the portfolio below?

- VFIAX (35%) - Large Cap Blend (Domestic)
- VWIGX (25%) - International Growth
- VEXAX (20%) - Small/Medium Growth (Domestic)
- VFSTX (20%) - Bond (Short / Corporate)
Do a search on the forum for "three fund portfolio".
Here you go: Three-fund portfolio
I definitely like the idea of having 3 funds.

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