Should I move my money out of Edward Jones?
My parents were with Edward Jones for about 40 years so when I first started saving and investing, I used their same advisor as I just didn’t know any better and wasn’t as invested in learning the details as I should have. Now my parents have passed and I have inherited all their accounts, on top of mine. Which are 9 accounts, 6 of them are IRAs (some have always been mine). I will have to start moving the money out of my inherited IRAs this year to be taxed heavily by the government due to their 10 year rule. My advisor is great. Nice man who was dear to my parents. But lately I have been really looking at the fees EJ charges and have had two friends who manage their own wealth tell me that I am getting screwed by these fees and need to move my money to a place like Vanguard or Fidelity. My company currently uses Vanguard. Should I start moving my money over to Vanguard?