re: Edward jones consultant. Are they legit or ripoff?

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Someone with experience will likely be much more independent. I have 3 friends that started their career with Edward Jones and have since moved on to other companies after about 2 years.

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+ a billion

Ed. Jones people aren't necessarily bad especially for a client who is a total n00b. In fact, given how easily n00bs can be fleeced this could be a good route to take b/c Ed. Jones doesn't openly screw customers, not that I know of. Their problem is that their advice and services tend to be significantly more expensive than you can get somewhere else.

This is fairly typical for the industry, their competitors (such as AMEX advisors) do similar things. You won't get deliberately messed with but you'll probably overpay for what you get.