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http://boards.fool.com/for-what-its-worth-i-was-told-by-a-financial-15175664.aspx
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| Subject: Re: Investment manager | Date: 6/14/2001 7:13 PM | |
| Author: fooldaveonce | Number: 6914 of 18441 | |
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For what it's worth -- I was told by a financial advisor with AMEX that the money managers he would recommend charge a flat rate of 3% of the funds under control if they total $100,000 or less. That fee includes expenses of buying and selling stock. After $100,000, he told me, the fee is "negotiable." I quoted the Fool to the advisor, "No one cares as much about my money as I do." DaveJ |
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