Broker Angst

Mary's broker (or is he called a financial advisor or what?) called last week and he's coming by this morning. He left Edward Jones and is now with a company called AG Edwards. He said that Jones didn't charge clients fairly, according to what he thought, and had tried to make him recharge some clients (more), which he refused to do. He also said that he had a lot of overhead--had to pay for his own office rental and other costs, which he doesn't have to do now. Edwards has 700 offices around the world and has been in business since the 1800s, so I think they seem reliable. I looked at their website briefly. They say they're all about what's best for the client. I am going to stay with our broker, but I'm sure Mary will lose money in transferring it. Argh! What a mess. But George has been so nice to me and really taken a personal interest in my situation. I loved the way that he explained everything he was doing and advising Mary to do. He can answer my questions so that I understand what he's talking about. I'm sure it all comes down to the money he's making on Mary, but I feel like I like him as a person and trust his judgement. But I'm praying anyway that I'm not making a mistake.

It's interesting that he's also Mom's broker but he hasn't called her. Of course, she has very little money. But it is a bit rude of him. But, then, I'm sure he's been very busy. O je!