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December 4, 2017

Are you paying too much for your financial advice?

By LIZ WESTON
NerdWallet

Investment management can cost as little as 0.25 percent of a portfolio's value each year. Yet many people still pay 1 percent, or even more, for financial advice.

Whether they're getting a good deal depends on exactly what they get in exchange. Spoiler alert: Many should be getting a lot more, or paying a lot less.


 
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