Talk of The Villages Florida - View Single Post - Long-Term Cost Of Paying AUM Fees
Thread: Long-Term Cost Of Paying AUM Fees
View Single Post
 
Old 10-29-2023, 09:02 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,451
Thanks: 3,050
Thanked 16,625 Times in 6,569 Posts
Default
Duh. Obviously, if you pay AUM fees, you will have less money unless the advisor can make up the difference with more successful investments than you could make on your own. I have never paid any AUM fees, but every investor needs to assess the value of paying an advisor. Apparently, the OP's calculations assume that the advisor has zero value.
Last edited by retiredguy123; 10-29-2023 at 09:25 AM.