Is a Fixed Fee Better for Managing Your Portfolio?
A common practice in the financial industry is for advisers to charge clients a percentage of their assets under management (AUM). This means that if you have a portfolio worth…
Questioning Adviser Fees: Negotiating for a Fair Deal
Question: Is a fee of 0.9% fair for managing a $7 million portfolio? And is there room for negotiation? Answer: As a savvy investor, it's wise to question the fees…