Ask Terry Questions Managed investment fees

Managed investment fees

By Terry Savage on April 30, 2023 | Investments

We are currently with USAA Private Client which charges .002 welt
Last year we paid 4200 and in 2021 paid 4100
I know they are the experts and I trust them
But man that’s a lot of dough when a good chunk is sitting there in stock
We don’t want to sell it now
So why pay a large fee if it just sits there

Terry Says

That’s a great question. What are you trusting them with?? If you aren’t taking advice, get out of the “managed account” program and just let the stock sit there!

Or, follow this link and set up a meeting with a total financial planner you can trust! You don’t have to move, but you might find out exactly what’s missing in your overall plan — re estate planning, taxes, etc.

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