Peter Tuchman

That's a little rare and involves setting a bill and writing a check and reevaluating what that fee may be every year or two based on the complexity. But that's also an option at some firms.

That's a little rare and involves setting a bill and writing a check and reevaluating what that fee may be every year or two based on the complexity. But that's also an option at some firms.

That's right. So as a creative planning, for example, if somebody's got $500,000, they might pay around 1%, but if they've got $2 million, they're going to pay 0.9 or something like that. The fee goes down as the account goes up. The more dollars you have, the smaller the percentage that's charged at most places.

That's right. So as a creative planning, for example, if somebody's got $500,000, they might pay around 1%, but if they've got $2 million, they're going to pay 0.9 or something like that. The fee goes down as the account goes up. The more dollars you have, the smaller the percentage that's charged at most places.

That's right. So as a creative planning, for example, if somebody's got $500,000, they might pay around 1%, but if they've got $2 million, they're going to pay 0.9 or something like that. The fee goes down as the account goes up. The more dollars you have, the smaller the percentage that's charged at most places.

The dollar amount goes up. That's right. Yeah.

The dollar amount goes up. That's right. Yeah.

The dollar amount goes up. That's right. Yeah.

There's layers of fees. So the first thing you want to do as you look for an advisor is go, what are all of the fees? So there's fees in the portfolio. So you might buy stocks, ETFs, mutual funds, bond funds, private investments. They all have their own fees. So that's one layer you want to look at. There's a very wide variance there. In the public markets, your fee could go anywhere from zero to

There's layers of fees. So the first thing you want to do as you look for an advisor is go, what are all of the fees? So there's fees in the portfolio. So you might buy stocks, ETFs, mutual funds, bond funds, private investments. They all have their own fees. So that's one layer you want to look at. There's a very wide variance there. In the public markets, your fee could go anywhere from zero to

There's layers of fees. So the first thing you want to do as you look for an advisor is go, what are all of the fees? So there's fees in the portfolio. So you might buy stocks, ETFs, mutual funds, bond funds, private investments. They all have their own fees. So that's one layer you want to look at. There's a very wide variance there. In the public markets, your fee could go anywhere from zero to

very quickly, 1.5, 1.6%. You want to be on the lower end of that. In the money management world, you can have fees that go, depending on how big the account is, from 1.2% down to 0.25%. But there are a lot of firms that charge more than that. I think that's just too much in today's world. If you've got an advisor that's charging one and a half or even 1.3, 1.4, it's just too much.

very quickly, 1.5, 1.6%. You want to be on the lower end of that. In the money management world, you can have fees that go, depending on how big the account is, from 1.2% down to 0.25%. But there are a lot of firms that charge more than that. I think that's just too much in today's world. If you've got an advisor that's charging one and a half or even 1.3, 1.4, it's just too much.

very quickly, 1.5, 1.6%. You want to be on the lower end of that. In the money management world, you can have fees that go, depending on how big the account is, from 1.2% down to 0.25%. But there are a lot of firms that charge more than that. I think that's just too much in today's world. If you've got an advisor that's charging one and a half or even 1.3, 1.4, it's just too much.

And go look for some other option.

And go look for some other option.

And go look for some other option.

I think we were probably the first firm in the country to put all of this wealth management in one place at scale, being able to give legal advice, tax advice, investments, planning, all under one roof. So client comes in, we're able to solve a lot of problems for them, simplify their life, get them on the right track, account for all these different things.

I think we were probably the first firm in the country to put all of this wealth management in one place at scale, being able to give legal advice, tax advice, investments, planning, all under one roof. So client comes in, we're able to solve a lot of problems for them, simplify their life, get them on the right track, account for all these different things.

I think we were probably the first firm in the country to put all of this wealth management in one place at scale, being able to give legal advice, tax advice, investments, planning, all under one roof. So client comes in, we're able to solve a lot of problems for them, simplify their life, get them on the right track, account for all these different things.