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As Advisory Accounts Soar, Edward Jones’ Dependence on American Funds Shrinks

Kimono R Pablo 2 years ago
As Advisory Accounts Soar, Edward Jones’ Dependence on American Funds Shrinks

August 13, 2021 Edward D. Jones & Co. continues to reduce its reliance on sales of Capital Group’s American Funds, underscoring the company’s multi-year shift toward more steady advisory fee revenue and away from commission-based mutual fund sales to mom-and-pop investors. Distribution of American Funds represented 11% of Edward Jones’ […]

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Louisville Government Announces Focus Areas For American Rescue Plan Funds

Kimono R Pablo 2 years ago
Louisville Government Announces Focus Areas For American Rescue Plan Funds

Mayor Greg Fischer and Louisville Metro Council announced six areas where the city wants to focus spending its remaining $340 million in America Rescue Plan funds.  The “primary” areas are homelessness and affordable housing, workforce development and small business support, public health and public safety. The city also plans to […]

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