What Wealth Management Actually Costs: AUM Fees, Flat Fees, and the 1% Question
The ‘1%’ advisory fee is rarely 1% once tiers blend in, and the real cost isn’t the sticker rate — it’s what that rate compounds away over 20 years.
The ‘1%’ advisory fee is rarely 1% once tiers blend in, and the real cost isn’t the sticker rate — it’s what that rate compounds away over 20 years.