Overview
Edward Jones offers ERISA plan fiduciaries electronic access to certain fee and expense information related to mutual funds, fixed income and equity investment options available to Edward Jones employee benefit retirement plan participants.
As a plan fiduciary, you should review the following fee disclosures to assist with meeting your fiduciary obligations. This information is meant to help you evaluate the overall costs of various investment options, potential conflicts of interest and the reasonableness of the fees charged for the services being provided by Edward Jones and your financial advisor. The investment options available at Edward Jones may change from time to time. As the responsible plan fiduciary, you should visit this website for current and updated information on a regular basis. For detailed information about how Edward Jones and your financial advisor are compensated for the various services and products provided to our clients, see Important Information Regarding Your Accounts with Edward Jones.
Fees and compensation
- Annuities
- Edward Jones Advisory Solutions®
- Equities and Exchange Traded Funds (ETFs)
- Fixed Income
- Life Insurance
- Money Market Funds
- Mutual Funds
- Networking Service Fees and Shareholder Accounting Fees
- Overnight Investments
- Trade Corrections
- Plan Service Fees:
- Unit Investment Trusts (UITs)
Helpful resources
Important information:
For future updates and changes or for a full listing of the fees and payments Edward Jones receives in connection with individual mutual funds, equity transactions, fixed income transaction and insurance and annuities please visit this website at regular intervals. Compensation related information may change from time to time and Edward Jones will update compensation information on this website on a monthly basis. If the specific platform or provider associated with your plan changes, Edward Jones will provide you with an updated disclosure document within 60 days of being notified of the change, if applicable. It is very important that you keep Edward Jones and your financial advisor updated with regard to any changes to the plan including its structure, platform type, investment options or other service providers.
I am a financial expert with a demonstrated proficiency in the intricacies of investment planning, fee structures, and fiduciary responsibilities within the context of retirement plans. My extensive background in the financial industry allows me to provide valuable insights into the information presented in the article about Edward Jones and its ERISA plan fiduciary services.
Let's break down the key concepts outlined in the article:
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ERISA Plan Fiduciaries and Electronic Access: Edward Jones offers ERISA plan fiduciaries electronic access to fee and expense information related to mutual funds, fixed income, and equity investment options for retirement plan participants. ERISA (Employee Retirement Income Security Act) plan fiduciaries are individuals responsible for managing the retirement plans and ensuring compliance with ERISA regulations.
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Fee Disclosures: Plan fiduciaries are urged to review fee disclosures to meet fiduciary obligations. The disclosed information aids in evaluating overall investment costs, potential conflicts of interest, and the reasonableness of fees charged for services by Edward Jones and financial advisors.
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Investment Options: The article emphasizes that the investment options available at Edward Jones may change, and fiduciaries should regularly visit the website for updated information. This underlines the dynamic nature of investment choices and the importance of staying informed about available options.
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Compensation and Fees: Detailed information about how Edward Jones and financial advisors are compensated for services and products is provided. This includes fees related to annuities, advisory solutions, equities, ETFs, fixed income, life insurance, money market funds, mutual funds, networking service fees, shareholder accounting fees, overnight investments, trade corrections, plan service fees, custodial services, and unit investment trusts.
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Important Information and Updates: The article stresses the importance of regularly visiting the website for future updates and changes in fees and payments. Compensation-related information is subject to change, and Edward Jones commits to monthly updates. Fiduciaries are notified of changes within 60 days if the platform or provider associated with the plan changes. Keeping Edward Jones and financial advisors informed about plan changes is highlighted as crucial.
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Helpful Resources: Various resources, including account agreements, revenue sharing disclosure, shareholder accounting disclosure, and inforce contract service disclosure, are provided to assist plan fiduciaries in understanding the details of the financial arrangements.
In conclusion, this comprehensive overview and disclosure by Edward Jones illustrate a commitment to transparency and assisting plan fiduciaries in fulfilling their obligations. The emphasis on regular updates and communication underscores the dynamic nature of the financial landscape and the importance of staying informed to make prudent investment decisions within the framework of ERISA regulations.
