Unless you have a seat on the stock exchange, in one way or another you have to utilize a "broker", even if it is Charles Schwab. I think what is being discussed here falls into the category of "wealth management" or "financial advisors".
Which brings up another point. While these guys make money regardless of performance, how many individual investors have more knowledge than the professionals, not to mention the data and analysis of a large team? Unless you're just going to dump everything into a fixed asset, they are probably worth their 3/4%
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