Financial Investments
July 10th, 2006
Question: Is there a benefit to having a financial planner handle your investments?
I have heard that you can often avoid the standard fees/loads associated with institutional mutual funds if you go through a financial advisor/planner. Is this generally true, or is it the exception? Also, are there any other ways to avoid those fees/loads? I am trying to decide if it is worth having my financial planner get 1% of my assets even though I am perfectly adept at doing the research and picking funds/stocks myself.
Answer: You are trying to have your cake and eat it. Eiether do it yourself or pay somebody to do it.
Bill Bonner, Agora Financial Investment Symposium
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