It seems way too hyped up to be true. I feel like so many of the answers to questions are “wait for the LP”. There has always been this promise of 20% returns.
What’s the catch? Are they going to drop returns? I’m genuinely curious.
It seems way too hyped up to be true. I feel like so many of the answers to questions are “wait for the LP”. There has always been this promise of 20% returns.
What’s the catch? Are they going to drop returns? I’m genuinely curious.
@2dh Is it d-mb not to board a ship that has a large hole in the bottom of it?
@2dh yes! We need to keep this pyramid scheme going a little longer so the cash out can happen before the AI bubble pops!
Don’t be d-mb, take the full LP offering.
@OP it would need to be double what my last one was for me to stay at EJ past February profit sharing and bonuses
That’s why I’m keeping my A shares until they go public. Then I’ll take the premium buyout and invest the money in a company stock that is more stable and sustainable.
@a6 Anyone with A shares has been totally punched in the face by the company they worked for and supported for years and years!! It will happen to those who take B shares.
It's the golden handcuffs that keep most of us still hanging on for dear life. Although, when I crunch the numbers and look at the big picture, would I have been better off putting the $ into something else less "pyramid-ish" ?
@a6 the B's will het probably 10% or more for a couple of payouts, to lure the A's into conversion. then, they'll issue more units and dilute the payout. it'll probably go public then (who wouldn't buy $1,000 a share with a 10% payout?). in time, shares will go to $2,500 with a 2-3% payout, and then the Partners will liquidate and only pay 15-20% long term gains. they'll probably triple their money in 2-3 years. and EJ will be unrecognizable.
Ask Claude or Gemini to review and summarize the offering. You are giving Edward Jones a loan where you take on all of the risk. You are guaranteed nothing. I don't have enough faith in Edward Jones in general or its long term survival to actually get a return on the investment.
Never has there been a promise of 20% return. Returns will be lower due to the offering size ($1.5 billion) when coupled with the number of healthy PML advisors leaving but bolstered by headcount reduction in the home office and with the CST population. Returns will still be strong for B class for a few more years as a sizable amount of people will opt for the A class (locked in with max return of 7.5%). I’d go B class as you’ll get the variable for a few more years before they go public or merge.