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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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