2% AUM (not including fund fees) is nearly half of your returns over 30 years
Yes, the FA was affiliated to a management firm. They came onto me after being referred to by a friend who uses their services.
The single session was for a fixed fee. If I chose to take up their services (I didn't want to) the fee was 2.0% AUM
I asked this person to critique my existing portfolio and tell me why they thought it wasn't good.
https://www.bogleheads.org/wiki/How_muc ... y_years%3F
Add in the fund fees and it's even a greater percentage.
Statistics: Posted by mkc — Tue Mar 12, 2024 8:50 pm — Replies 62 — Views 4539