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.
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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.