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Investing/Strategies / Retirement Investing
|Subject: Re: And now "A word from the "Wise.&qu||Date: 8/11/1999 10:52 AM|
|Author: squirrelbate||Number: 13064 of 73983|
I must confess that I don't see much of an "advantage" to any of this.
Anyone paying an "advisor" 0.30% of assets to manage his "cash" will have a hard time
accumulating his first million -- reaching the $10 million plateau on the fee table entitling
you to "customized pricing" is probably a pipe dream.
I received information about 'Unlimited Advantage' too, although it offered an annual fee of 'no more than 1% of all you have with us' (minimum fee, $1,500). Since this about the amount we've paid in the past what is the 'ADVANTAGE?'
I am a new Fool and it will take a while to divest ourselves of the Wise although that is the goal.
Wish us luck.
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