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URL:  https://boards.fool.com/greetings-i-am-wondering-what-the-differences-23364556.aspx

Subject:  Re: Retirement Plan - Which Way To Go? Date:  11/30/2005  5:57 PM
Author:  jbking Number:  48528 of 96089

Greetings,

I am wondering what the differences would with respect to a retirement plan prepared by a fee-only (NAFPA) firm that would charge $4,000 for the plan, and a retirement plan prepared for free by a full-service brokerage.

Comments, anyone?


I would think the planner would have a different set of choices than the brokerage. Secondly, I would highly question that the plan is free from the brokerage. They may well be suggesting loaded funds and while you don't see an explicit fee, their funds will likely have higher expenses that you would pay, potentially for as long as you held the fund.

If you think you could take that full-service brokerage plan and swap no-load funds in its place, good luck as sometimes the funds the brokerage picks are hard to duplicate outside of loaded funds in some cases.

Regards,
JB
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