Quote:
Originally Posted by manaboutown
Looks like she has an AUM fee structure. From her website:
Investment Management Fees - $1,000,000 minimum investment
1.20% annual on the first $1,000,000
1.00% annual on the next $500,000
0.80% annual on the assets above $1,500,000
That's a little pricey IMHO..
Her financial planning fee seems reasonable except that one must first be an AUM customer to obtain that service for which one is already paying a huge percentage of invested assets under her management every quarter.
From her website:
Financial Planning Fees
Comprehensive Tax, Financial & Retirement Plans Start at: $2,500 - $400 per hour
Also while I commend her for going to night school at Cal State Fullerton to obtain her bachelor's degree in business administration it is not a top business school.
I may have missed it but I did not see any statement on her website about her acting in a fiduciary capacity.
I'll pass...
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Well, she IS fee only, and that fee has to come from *some*where. Don't slam me, I don't care if/where you get financial advice. I was just pointing out an option that is uncommon. Hard enough to find a fee-only advisor, but to find one that understands the tax implications of their investment advice - rare.