...An import and consideration to keep in mind is that you may find a professional manager that work well for you and plan to use them long term, but they are human too and they may very well die or retire while you are still alive. Even if it is a company with multiple people the company could be bought out or merge with a very different company. And I could get killed by a car trying to cross the street, but that doesn't mean I should stay in the house forever and never cross the street.I think the OP's question is reasonable, and I definitely understand wanting to have someone else handle managing the finances......Figuring out a succession plan isn't a show stopper but it can't be ignored. There are lots of people out that that would have no qualms about putting an 85 year old widow into very bad investments in order to get a large commission.
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