The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: Investment manager Date:  6/14/2001  7:13 PM
Author:  fooldaveonce Number:  6914 of 20640

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."

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us