Interesting Forbes piece on the changing landscape for FAs

[MBAustin]

Tonight as I was talking with several other women friends, one mentioned she was going to a seminar this week on "Estate Planning for Women" and handed me the information sheet. It was sponsored by Ameriprise. I said that it was a great idea to go to a women-oriented financial discussion, but I would hesitate to invest through Ameriprise after the seminar due to their high fees. It turned out that not only this friend but another already were investing through Ameriprise and were happy.

So I simply said if they felt their fees were reasonable and they were happy that all was fine, but there were other options with less fees out there.

Very scary - these are smart women with smart husbands. I am SO glad my father taught me how to pick mutual funds on my own and be financially literate. (Thanks, Dad...miss you)