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Reply to "Fees for a managed money account of 2+ million?"
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[quote=Anonymous][quote=Anonymous]Total market index funds for .03%. An advisor is not going to "grow your money" anymore than the market can or cannot.[/quote] Most advisors don't say they will. If they do, run away. I'm an advisor and never in a million years would I sell myself out to beat the market consistently. People hire my firm because they don't want to deal with it, don't trust themselves to act rationally in market declines (which is where most money is lost due to emotional trading), want other services like tax help, estate planning, insurance, etc. I can easily cut my own grass but I chose to pay someone. May be dumb to some, but I have better things to worry about. [/quote]
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