- Jan 25, 2020
Hey guys. This is a somewhat boring but important topic. I have been considering taking over my investments from my Edward Jones financial advisor. Overall, he is a great guy but I am looking to simplify my accounts and I don't feel like I need to be paying all of the fees that I am currently being charged. My investments are long term and are mainly in index funds. I have no desire to do any day trading or anything. The problem is that every dollar I invest with Edward Jones costs me money. I am self employed and sometimes make larger contributions that cost me quite a bit of money just to deposit. So - I'm wondering how many of you handle your own investments with an online broker and if so, what type of fees should I expect to pay with a self directed account? I have been researching companies online and most claim to have zero trade fees, etc but I know that's not always true. I would also love to hear what companies you are using. Thanks for the help!