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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 74001|
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?
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