Legacy Solution? Land cleanup intended to run smoother for companies, owners
June 19, 2012
They love to kick: Domangue brothers bond with mutual love for kicking
June 19, 2012Seven Houma-based financial advisors are touting Edward Jones having been named Advisory Solutions Firm of the Year by the Money Management Institute.
The Edward Jones Advisory Solutions was honored as the 2012 top asset allocation advisory program for the investment industry. With a minimum investment of $50,000, models are used to formulate plans customized for individual clients.
“We are honored to receive an industry award just by coming up with a solution to better serve our clients’ investment needs,” Edward Jones financial advisor Lena Adams Cortez said. “The advisory program is a mutual fund and exchange-traded fund program that provides a comprehensive approach to investment management within one single account.”
Cortez said Edward Jones received the award because of automatic threshold rebalancing and fee offsets included in the package. “The way we bill monthly in the rear and mutual fund families, we can offer in one account for diversification makes a difference,” she said.
The Edward Jones model offers 62 discretionary models in addition to custom models. The program originated in 2008, and since then has grown to more than $75 billion in assets. It is now the fourth largest mutual fund program in the nation.
Edward Jones has more than 12,000 financial advisors working with nearly 7 million clients. The firm was named one of the best to work for by Fortune Magazine for a 13th consecutive year in 2012.
