I got a call from the team that handles our company's retirement accounts. We have a few folks who have been in since day 1 and we have amassed some pretty substantial balances. The company is really small with only 10 of the 15 people here participating. Our accounts are Goldman Sachs accounts but were bought through Edward Jones...now Jones is holding the accounts...what ever that means... I was aware that the accounts were changed and the broker now has a fiduciary standard to go by but in this call today he was talking about changing the plans from commission based to fee based accounts...or more precisely making the choice of the two on a per account basis. Does anyone here deal with this on a daily basis, handle these type accounts that can tell me what the real deal is? I trust the guy but for some reason, when I pushed back on gaining a real understanding of the "why this had to be" , his tone of voice shifted so dramatically , it was impossible not to notice... He told me that we were locked out of our accounts...which he explained that we could not further contribute until we have made these choices...this honestly shocked me... Any real world insight is appreciated...via open forum or PM.