Is 2% high for a financial advisor?
I'm considering hiring a financial advisor and they charge a 2% fee. I'm wondering if this percentage is considered high in the industry.
Is 2% fee high for a financial advisor?
Excuse me, but could you elaborate on why you consider a 2% fee high for a financial advisor? I'm curious to understand your perspective on the matter. Given the complexities of financial markets and the expertise required to navigate them, wouldn't you agree that a fee of this nature could be justified for the personalized advice and management services provided? Or are you comparing this fee to other industries or services, and finding it disproportionately high? I'd be interested in hearing your thoughts on this.