BeachOrCity
Full time employment: Posting here.
- Joined
- Jun 1, 2016
- Messages
- 889
I use the FA service for a small portion of my portfolio. Basically an old Roth IRA and a small amount of taxable.
I do look at how they do versus an alternative indexes and it is satisfactory. The fees charged for service provided are also reasonable too but I would not pay them for managing bonds or international as they use mutual funds for those and as such provide little additional value three and it is double in fees.
Some people won’t ever use a FA and that is a personal choice. But the benefit I get in terms of advice from them is worth the cost for me. It would not be worth the cost for my full portfolio.
I do look at how they do versus an alternative indexes and it is satisfactory. The fees charged for service provided are also reasonable too but I would not pay them for managing bonds or international as they use mutual funds for those and as such provide little additional value three and it is double in fees.
Some people won’t ever use a FA and that is a personal choice. But the benefit I get in terms of advice from them is worth the cost for me. It would not be worth the cost for my full portfolio.