## Is Edward Jones a Fiduciary Investment Company?
Edward Jones is a financial services firm that provides investment advice and brokerage services to individual investors. The company has over 8,000 financial advisors in the United States and Canada.
**Edward Jones is not a fiduciary investment company.** This means that the company is not legally obligated to act in the best interests of its clients. Instead, Edward Jones is a broker-dealer, which is a company that is licensed to buy and sell securities. As a broker-dealer, Edward Jones is required to comply with the suitability rule, which requires that the company recommend investments that are suitable for the client’s investment objectives and risk tolerance.
The suitability rule is a lower standard of care than the fiduciary standard. This means that Edward Jones is not required to recommend the best possible investments for its clients, only investments that are suitable.
**What does this mean for you?**
If you are considering investing with Edward Jones, it is important to be aware that the company is not a fiduciary investment company. This means that you should not expect Edward Jones to always put your interests first.
You should also be aware that Edward Jones is a broker-dealer, which means that the company earns commissions on the investments that it sells. This can create a conflict of interest, as Edward Jones may be more likely to recommend investments that generate higher commissions for the company, even if those investments are not in your best interests.
If you are not comfortable with the fact that Edward Jones is not a fiduciary investment company, you may want to consider working with a different financial advisor. There are many financial advisors who are fiduciaries, and they are legally obligated to act in the best interests of their clients.
### How to find a fiduciary investment advisor
If you are looking for a fiduciary investment advisor, there are a few things you can do:
* **Ask your friends and family for recommendations.**
* **Do some research online.** There are a number of websites that can help you find fiduciary investment advisors in your area.
* **Interview potential advisors.** Once you have found a few potential advisors, interview them to get a better sense of their investment philosophy and experience.
Once you have found a fiduciary investment advisor, you can be confident that they will put your interests first.
### What are the benefits of working with a fiduciary investment advisor?
There are a number of benefits to working with a fiduciary investment advisor, including:
* **You can be confident that your advisor is acting in your best interests.**
* **You will receive unbiased investment advice.**
* **Your advisor will be held to a higher standard of care.**
If you are serious about your financial future, working with a fiduciary investment advisor is the best way to ensure that you are getting the best possible advice.