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I met with my local financial advisor today. We went over the changes coming April 10th. My feesvwent from around $3000 to $7000 dollars. This is too much. You have set your fee too high. I called VANGUARD and intend to move my account to them.

This is a clear case of price gouging, combined with what you hope is customer apathy. My local account manager said there was a possibility that you may lower your rate. I bet, if everyone stars jumping ship. Why not set your rate at the lower point now. Make no mistake, I like my local rep and he is in a tough position. But ED Jones has completely lost my trust. You should make money, but not at this high of a rate.
You pushed too hard and could have set acraecthat still made you money but didn't make you look like money grubbers


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