Quote:
Originally Posted by Rain Man
There are traditional financial advisors who take a percentage of your wealth each year and manage things. Those people seem overpriced to me.
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Completely agree. I struggle to understand what could possibly justify such high fees particularly for higher balance accounts. I have a similar feeling for Trust Administration/Executors. If you combine professional trust admin, financial planning for an account along with tax preparation, it could literally take the entire yearly prosit from an account.