Talk of The Villages Florida - View Single Post - How much is your financial advisor costing you?
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Old 06-30-2025, 04:51 PM
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Quote:
Originally Posted by kingofbeer View Post
When you take a distribution the financial advisor does not get a pct of the distribution. What is this about?
$10,000 is 1% of 1M. If the annual fee is 1% of AUM, you take your 40k and they take 10k as a fee. It's not part of your withdrawal.