met with investing company edward jones
I met with a company called Edward Jones today.
They charge a flat rate of 5.75% to invest my money for me in mutual funds. I might invest the max for 2004 of 41k (found that out at meeting that I could invest up to that amount). Is this 5.75% fee a ripoff?
I pretty well know what where to invest...anybody know what I can expect to pay through vanguard to get this in place? I tried to call earlier but they said their small business section was closed until tomorrow morning. I plan to visit their site later this evening or tomorrow morning as well as call.
Thanks for your help
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