LPT: If you well enough off to have a financial advisor, don’t have them manage all of your wealth

LPT: If you well enough off to have a financial advisor, don't have them manage all of your wealth Let them manage maybe 1/4 to 1/3rd. Why? they are probably using computer algorithms to manage your money. And taking a percentage to manage your money. Keep 2/3 - 3/4 as self managed, emulate their algorithms and avoid the management fees. Note: Your mileage may vary.
submitted by /u/Catspaw129

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