We know you can buy certificates of deposit (cds) at your local bank, but edward jones may be an even better option.
Edward jones offers brokered cds, which are a bit different from the standard bank-issued cds that most investors are familiar with. Bank-issued cds, as the name implies, are issued by individual banks for their customers.
Edward jones offer brokered cds from numerous banks and thrifts nationwide as so acts as a broker to market these cds. Edward jones will advise you the names of the issuers currently from its primary market (new cds) as well as the the date on which your cd will be established.
Edward jones money market fund a money market fund is a mutual fund that consists of short-term money market securities. This includes funds such as treasury bills (t-bills), federal agency notes, commercial paper, certificates of deposit (cds) and repurchase agreements.
edward jones offers cds issued by banks and thrifts nationwide. Deposits are fdic insured up to the applicable insurance limit. Cd terms range from 3 months up to 10 years with deposit minimums 1000 for all term types. Please check with edward jones for availability in your state.
The rate is applicable for the 10 year cd product with a minimum 1,000 deposit.
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