Ask Terry Questions Investment Management Fees

Investment Management Fees

By Terry Savage on December 31, 2022 | Investments

I am considering hiring a Fiduciary investment advisor affiliated with TD Ameritrade that charges a 1% fee to handle my investments. Does this seem reasonable?

Terry Says

Please read this article. Ask if he is FEE-ONLY. Then ask about the investments — whether the fund manager charges fees, and if the funds he/she uses are the least expensive index funds charging less than 10 basis points!

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