Reply To: How to find a fee based financial advisor in a small town

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#157716
davee
Participant

I used to pay 1% of assets to an advisor. The vast majority cannot and do not beat the index funds. They like to tell you they can get you in the “best funds” but in reality, if you diversify with index funds, it’s very unlikely that they’ll over perform the index funds over time.

It was hard to fire a friend but I’d rather send myself to Hawaii with my money than him.