Investment Fees, Advisor Compensation, and Added Value
Despite the strong argument about the advantages of lower fees, I think most people are not wired to be do it yourself investors. There is no doubt some can do it but more people can’t, won’t and don’t want to do it themselves.
If you are not wired to do it yourself, they you need to find help from investment and financial advisors who can help you make better investing decisions.
If you hire an advisor to help you, then you are likely to pay higher fees to compensate your advisor for that advice / help / service. Read More…