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SVTPerformance's Chain of Restaurants
Road Side Pub
Financial advisor, yay or nay
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<blockquote data-quote="sleek98" data-source="post: 16391820" data-attributes="member: 144145"><p>1.2% is high. </p><p></p><p>Personally I am not a fan of them, however I understand that some people don't want to even think about dealing with it so they do have a place. </p><p></p><p>I had my mom fire her "financial advisor" last year when I realized that he for the past 3 years he wasn't even close to making the average S&P 500 return that she was getting in her vanguard account. On top of that he was charging .9% of assets, basically to under perform.</p></blockquote><p></p>
[QUOTE="sleek98, post: 16391820, member: 144145"] 1.2% is high. Personally I am not a fan of them, however I understand that some people don't want to even think about dealing with it so they do have a place. I had my mom fire her "financial advisor" last year when I realized that he for the past 3 years he wasn't even close to making the average S&P 500 return that she was getting in her vanguard account. On top of that he was charging .9% of assets, basically to under perform. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Financial advisor, yay or nay
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