Reported 30 days ago
With $2.2 million managed by a financial advisor charging a 1% fee, it’s essential to assess if this rate is competitive. While 1% is aligned with average industry fees, you should consider the value received beyond investment management. Services offered by the advisor, such as tax advice and long-term planning, could justify the cost. It's crucial to determine if you're receiving adequate support for your financial goals and whether the fee structure matches your needs.
Source: YAHOO