Quote:
Originally Posted by ColdNoMore
Yep.
Being responsible of my own wealth management, also means that I don't have to spend oodles of my investment money sponsoring Polo Teams, paying for big billboards... and incessant advertising/mailings/free dinners. 
|
Exactly! That was my thought when with Fross and Fross. I looked at the total amount they handle and figured 1% and no way could it pay for all those things. That's when I looked deeper into what they put me in and then got out as fast as I could. The REITS I'm stuck with for quite awhile. What I really was upset with is they pointedly sold me on being able to trust them so I could just enjoy my retirement and I believed them. But again, some are obviously very happy with their service so it's a matter of opinion.