12-02-2020, 09:39 AM
Agreed.
With charges based on a fixed percentage of assets, does an advisor work 10X harder for a person with a $10MM portfolio as he does for one with a $1MM portfolio?
I just have a problem with that fee structure.
With charges based on a fixed percentage of assets, does an advisor work 10X harder for a person with a $10MM portfolio as he does for one with a $1MM portfolio?
I just have a problem with that fee structure.