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How Much Is Your Financial Adviser Charging?

I don't have a financial advisor - I haven't been able to find one that will link his compensation to the state of my account :mmph:. They don't seem to have enough confidence in the saying "make me rich and I'll make you rich". Wonder why?
 
I don't have a financial advisor - I haven't been able to find one that will link his compensation to the state of my account :mmph:. They don't seem to have enough confidence in the saying "make me rich and I'll make you rich". Wonder why?

Markets go up and down, beach house payments are forever ?
 
Yes i know you get what you pay for but it doesnt hurt to know.

1.2% Annual based on total assets managed billed quarterly here.

1% when they actively held and managed my accounts, now it's discounted to about 0.4% (and shrinking as my assets grow) when I took control of my accounts and use them in a purely advisory role.
 
That is a compounding 1.5 in my eyes. I dont pay an advisor anything. Paid my etrade dues
 
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