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Originally Posted by flstf
I don't think they are so innocent in this matter. If they felt that they were doing nothing wrong then why did they not disclose this arrangement to the fund buyers? Probably because they know that a lot of people wouldn't buy them if they knew that a portion of their gains were being kept by Edward D. Jones.
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After seeing a great deal of my money depart over the last few years, I no longer take the advice of "financial experts" unless I'm paying them
only an hourly fee. No commissions.