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Reply to "Fees for a managed money account of 2+ million?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Almost no full service advisor is charging 50 bps on 2 million. Fat part of the bell curve is 75 bps to 1. I don’t think you would even get 50 bps from a discount shop like Schwab or Fidelity. [/quote] OP here- What does bps mean? [/quote] basis points = .01%[/quote]
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