There can be great value in the sage advice of a fee-only fiduciary advisor. Even if they brought no value for their investment management, they could still bring great value for their help in comprehensive wealth management.
While a competent financial counselor can bring value, an expensive investment product cannot.
Given two S&P 500 funds, the fund that charges less in fees and expenses allows investors to keep more of the underlying returns. A small difference in returns has a large affect over long periods of time.
Imagine two investors who each take our advice and …Read More