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Money and Finances
Reply to "Paying a “wealth manager” 1pct fee- what can he do?"
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[quote=Anonymous]1% seems high for just managing your money. We pay 0.6% on first 2M and after that it drops 0.1% with each 2M. Bottoming out at0.3%. Money in "cash/cd/bonds/treasuries" is not included in that, just a simple fee for purchasing them, which is way less than even 0.3%. [/quote]
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