If you like to leave day-to-day investing decisions to the professionals and you could benefit from tax efficiencies, Advisory Solutions Unified Management Account (UMA) Models do the work of managing your portfolio for you.
We'll start by helping you select a portfolio objective. It serves as the guide for your overall investment strategy by determining the target allocation ranges for investments you should have in your portfolio – based on your risk tolerance, timeline and goals. You'll work with your financial advisor to determine which model best aligns with those goals. After that, all day-to-day investment activity will be handled by a team of Edward Jones research analysts. You'll also have a specialized management team reviewing your model for tax management opportunities.
Each model contains a mix of mutual funds and/or exchange-traded funds (ETFs) as well as separately managed allocations (SMAs), which are professionally managed individual stocks and bonds. This could provide tax efficiencies and the flexibility to restrict certain types of investments within your account.
Edward Jones monitors your account to ensure your investments remain appropriately diversified. If they stray out of any of the target allocation ranges for that model, we will automatically rebalance your portfolio for you. This helps ensure your investments stay aligned with our guidance and your needs and goals. In addition to regular account statements that detail your progress, you'll receive quarterly performance reports and meet with your financial advisor at least once a year to review your progress.
To open an Advisory UMA Models account you will need a minimum $500,000 investment. The program fee starts at 1.35%, with an administrative fee of 0.30%, and does not include internal expenses of the investments you own. The fee covers your financial advisor's services, all trades and rebalancing, the benefit of our diversification guidance and more. Your program fee may be lower depending on the value of your assets in the program. Paying an ongoing fee can make expenses more predictable but can be more expensive over time.
All accounts must meet a $10 minimum monthly fee, which could make the program fee higher than 1.35%. For additional details regarding fees and expenses associated with Edwards Jones Advisory Solutions, please see the Brochure and Fee Schedule.
Contact a financial advisor.
Edward Jones is a dually registered broker-dealer and investment adviser. Edward Jones Advisory Solutions® is an asset allocation program that provides investment advisory services. Depending on a client’s minimum investment, a client can select Fund Models, which invest in affiliated mutual funds (if available), unaffiliated mutual funds and exchange-traded funds (ETFs), or UMA Models, which also include separately managed allocations (SMAs). Please review the applicable Edward Jones Advisory Solutions Brochure for more information.
Many of the investments in Advisory Solutions are offered by prospectus. You should consider the investment objective, risks, and charges and expenses carefully before investing. The prospectus contains this and other information. Your Edward Jones financial advisor can provide a prospectus, which you should read carefully before investing.