Benjamin Felix

Their fee is comparatively reasonable and they'll work hard for me to earn it.

And it's already been noted in the thread, I guess this was

elsewhere in the discussion thread that this was posted in, but they're also the first to admit that if your needs are simple and you're a perfectly happy DIY investor using globally diversified index funds, you may not be a good fit for their services.

I respect that pragmatism.

We have always said that PWL definitely doesn't make advisors in general and PWL don't make sense for

Everyone, lots of people can be successful DIY investors, but this person's points on why they chose to work with PWL are pretty interesting.

And then the last point is access to Dimensional.

More of a nice to have, but moving from DEQT to PWL plus DFA takes some of the sting out of the overall fee increase.

Plus I like factor investing and Dimensional doesn't offer ETFs in Canada.

So the only way to access their products is through an advisor.

This was pre-Avantis ETF.

So maybe that's changed a little bit, but notably this is the very last point in their list.

They conclude, so yeah, very little of the decision was influenced by anything about managing the investments themselves and more about holistic financial planning and services.

It won't be for everyone, but the fit was there for our needs.

The end.

I thought it was just kind of cool to hear from someone who had recently made the decision to work with PWL and then documented their own thought process.

I thought it was worth sharing with listeners of the podcast.

That's probably why I found it so interesting.

If you look online, everyone says never go to an AUM advisor.

You have to get a fee-only financial planner.