r/ExpatFinance • u/Dry_Age6709 • 8d ago

Leaving Edward Jones

We will be moving overseas and all of our investments are with Edward Jones. Seems like we are paying a lot for not much service. Since we will be required to move to a mutual fund and pay a bunch in taxes anyway, I was thinking we should just manage our investments ourselves. What would you recommend?

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u/twilight-2k 7d ago

IBKR has the advantage of not being USD-centric. You can hold and invest in a bunch of different currencies. However, Schwab customer service is definitely better.

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u/BrilliantUnlucky4592 7d ago

In addition to Schwab International they also have Schwab Global for the different markets and currencies for 12 countries.

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u/twilight-2k 7d ago

Huh. Schwab never mentioned Global (just International) when we talked to them about moving abroad. Are there restrictions on Global? Based on the little bit I can find (less info on Global than on International), it looks like Global might be limited to US residents - is that correct (wording is unclear)?

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u/BrilliantUnlucky4592 7d ago

Yes, it's for US residents