advising fee
Fidelity charges 0.945% advising fee on my portfolio. Is that reasonable? Should I try the wealthramp that you have talked about?
Thank you.
Terry Says
Wealthramp advisors look at your entire financial plan — retirement income, taxes, estate planning, housing, etc. That’s a flat fee. It can include advice on your investments.
Do you NEED the advice from Fidelity?? That might depend on your age and stage of life — and size of your account. Maybe have at least one meeting with a FIDUCIARY FEE-ONLY planner to see what advice is worth paying for.
