Business & Economy · 28 views
I Have $1.7M Invested With an Advisor and Pay a 1% Fee. Is That Too Much?
When it comes to financial advice, what you pay can vary based on what you get.
Summary
When it comes to financial advice, what you pay can vary based on what you get. An advisor who simply sets you up with a passive S&P 500 index fund might not be worth a 1% fee, while an advisor who helps you manage taxes and cash flow, plan for retirement and save for your child's college education is likely worth significantly more.
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