Adelaida Diaz-Roa

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Here’s another scheme that’s become increasingly common: you pay an advisor a fee to manage your money—let’s say, 1% of your assets. The advisor then recommends a “model portfolio” (he may even give it a fancy name like the “XYZ Portfolio Series”), which has its own additional fee—let’s say, 0.25% of your assets. This fee is over and above the cost of the underlying investments in your portfolio.
Unshakeable: Your Financial Freedom Playbook
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