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Reply to "Paying a “wealth manager” 1pct fee- what can he do?"
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[quote=Anonymous][quote=Anonymous]He can take 1% of your assets every year plus whatever transaction fees and commissions he gets churning your account. That's pretty much about it.[/quote] This. If you are wondering how to find one, just go to any mediocre private school and find the best dressed and most insufferable ass, who also has a laughable academic pedigree, and you have found a “wealth manager”.[/quote]
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