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Money and Finances
Reply to "Do you have a financial planner if your HHI is $250-300K, and, if so, why or why not?"
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[quote=Anonymous][quote=Anonymous][quote]We don't have the time to do the analysis that is need to maintain our portfolio.[/quote] I totally agree with this PP. We met with a financial planner when our income was around that in the subject line. My husband is a litigator who travels constantly, and I run my own business when I'm not in charge of two kids, one with special needs. We do not have time for this stuff, so we chose to delegate it to an expert. The one percent is well worth it in our estimation. [/quote] 1% annual fee on your whole portfolio means around 20-35% of the profits you will ever make. You give that away in order to get third-class and probably biased advice - your husband and you would probably make equally good if not better decisions if you just spent 10-20 hours per year. Very interesting estimation you're making.[/quote]
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