Who is Ed Holt (CRD#: 2253064)?Everything you need to know about Ed Holt and their accolades
Ed Holt has worked as a financial advisor for Edward Jones for over 29 years, and during that time he has had the incredible honor of assisting both private individuals and corporations in St. Louis, the neighboring areas, and almost everywhere else in the country. Together, they reach their customers’ objectives by learning what matters to them most, following a predetermined method, and working together over the course of their life to keep them on track.
Andrew Herbst, Nancy Stockmann, and Diana Tessereau are members of the branch team for Ed Holt, and between them, they have more than 80 years of combined experience with Edward Jones and the financial services sector.
Despite the fact that his interest is dealing with serious, long-term investors, particularly those with complex demands, he also believes it is necessary to give back to the community. He takes great pride in serving on the board of the World Pediatric Project, an organization that works to provide much-needed, frequently life-saving, healthcare for children in developing nations.
Volunteer doctors either fly to the patient’s country of residence to do these medical operations or fly more desperately poor youngsters and their families to a hospital in St. Louis to complete them.
Awards & Recognition:
Named to Barron’s Top 1,200 Financial Advisors for the years 2017, 2023
(Source: Barron’s Top 1200 Financial Advisors, awarded February or March each year, data as of September of the prior year)
Named to the 2022 Forbes Best-in-State Wealth Advisors in Missouri
#11 in Missouri
(Source: 2022 Forbes Best-in-State Wealth Advisors in Missouri, awarded April 2022, research by SHOOK Research, LLC. Data as of June 2021.)
In this article, we will go deep into Ed Holt’s past, discovering hidden disclosures and analyzing the consequences of the lawsuits.
About Edward JonesHistory, achievements, leadership, lawsuits, & disputes
A 100-year-old company, Edward Jones was created for the present. In contrast to institutions, they focus on assisting private investors. Additionally, because they are a privately held business, they may put more emphasis on building relationships than maximizing shareholder returns.
Broker-dealer and investment advisor registrations for Edward Jones are dual. An asset-based fee is charged for investment advisory services provided by Edward Jones Advice Solutions®, a wrap fee program.
History of Edward Jones
In order to treat employees equally and clients properly, Edward D. Jones Sr. founded Edward D. Jones & Co. in 1922. He made it clear that his company would treat partners as well as employees as partners. A desk, three seats, and a hat rack are all that is present in the company’s office, which is located in downtown St. Louis.
After working at an Edward Jones correspondent firm in New York, Ted Jones, Edward Jones Sr.’s son, returns to St. Louis. He joins the company as its 18th broker, initially working out of Montgomery City, Missouri, and eventually the Clayton suburb of St. Louis. He establishes his business there over a hardware store and starts out by traveling 150 miles every day to several nearby areas to sell stocks out of the trunk of his car.
Services offered by Edward Jones
It provides services on wealth strategies that include Edward Jones Advisory Solutions, Edward Jones Guided Solutions, and Client Consultant Group. The financial needs, such as those relating to insurance, retirement planning, and education funds, can be met by Edward Jones through a consultative, tailored approach.
Investment Planning Process of Edward Jones
Edward Jones is registered and provides services as both a broker-dealer and an investment adviser. Provided below is a summary of our brokerage and investment advisory services, as well as the differences in legal and regulatory responsibilities that apply to these services.
The investment plans of Edward Jones include Stock Selection, Bonds, CDs & other fixed-income investments, Mutual Funds,
Exchange-traded Funds, Unit Investment Trusts, Donor Advised Funds, etc.
It also provides Insurance & annuities like Permanent life insurance, Term Life Insurance, Long-term Disability insurance, Long-term care Insurance, etc. In addition to all of these services, they provide a lot more.
Fees Under Edward Jones
Broker-dealer and investment adviser registered on two different registers is Edward Jones. Investment advisory services are offered through the wrap fee program known as Edward Jones Advice Solutions® for an asset-based fee.
A client may choose Fund Models, which invest in connected mutual funds (if available), unaffiliated mutual funds, and exchange-traded funds (ETFs), or UMA Models, which additionally incorporate separately managed allocations (SMAs), depending on the minimal commitment they are willing to make.
Theo Jones A client-directed advisory program called Guided Solutions® was created to offer clients ongoing investment advice, direction, and services in exchange for an asset-based fee. Depending on their minimum investment, clients can choose between a Guided Solutions Flex Account and a Guided Solutions Fund Account, which both allow for the purchase of eligible stocks, bonds, and certificates of deposit (CDs), as well as eligible mutual funds and exchange-traded funds (ETFs).
Accounts in the Guided Solutions Fund Account do not have a minimum balance requirement and can be opened with an initial investment of less than $5,000. These accounts are restricted in the number and types of investments that may be bought or retained until they exceed $5,000.
The Select Account program might not accept certain brokerage accounts. Flex Fund accounts, ERISA retirement plans, some non-ERISA retirement plans, and pooled employer retirement plans are among the accounts that fall under this category. For more details, please get in touch with your financial advisor. A $10,000 minimum purchase amount might be needed to buy annuities in a Select Account.
What is SEC?
The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.
Ed Holt Disclosures: BrokerCheck, FINRA, And SEC ReportsEvery complaint, disclosure, litigation against Ed Holt
The brokerCheck report of Ed Holt includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosures events.
No disclosure is mentioned about Ed Holt.
FINRA’s BrokerCheck
individual_2253064.pdf (finra.org)
SEC Litigations & Forms
Source: Ed Holt – SEC Site Search Search Results
Ed Holt Lawsuits, Legal Battles, & DisputesActive database of all lawsuit documents (subject to availability) against Ed Holt
Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis.law, and Law360. If Ed Holt has been involved in any such lawsuits, then you can find the documents using the links down below:
There might be more pending lawsuits against Ed Holt which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Ed Holt on these websites, you can contact the local authorities and check if they have a physical copy of any cases.
CourtListener
UniCourt
Law.com
Law360.com
Trellis.law
Justia
Ed Holt Complaints, Class Action Lawsuits & Legal BattlesRead all class action lawsuits and SEC complaints against Ed Holt (if available)
The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Ed Holt using the websites down below:
Sonn Law Group
SEC.gov
White Law Group
MDF Law
Israels & Neuman, PLC
Klayman Toskes
You can contact the law firms mentioned above if facing issues with Ed Holt or any financial advisor.
Better Alternatives To Ed Holt (By Experts):Find the top 3 alternatives to Ed Holt
Manages Assets Worth
- $714,587,898,072
Services
- Financial planning
- Portfolio management
- Pension consulting
- Selection of other advisors
- Publication of periodicals
Manages Assets Worth
- $173,418,270,044
Services
- Financial planning
- Portfolio management
- Portfolio assessment
Manages Assets Worth
- $46,803,858,104
Services
- Portfolio management
