The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Talk me out of a Financial Advisor||Date: 6/1/2013 3:17 PM|
|Author: MurrayS||Number: 72340 of 76238|
Ameriprise has some of the highest fees around. I wouldn't touch them with the proverbial ten foot pole.
I asked him about his association with Ameriprise. He uses their analysis tools and brokers through them, but doesn't recommend their funds unless they meet his filtering criteria (which includes fees). He said a typical portfolio has less than a couple percent of assets in Ameriprise funds.
And, of course, I'll have the option to not invest in something I don't like.
Were there other fees you were referring to besides mutual fund fees?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|