Advisor or self manage

Hi, I heard you on EYL university.
Thank you for all your great info. Would you recommend I leave my financial advisors which charge around 5k a year and put my money in index funds?

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Hi Cindy!

Financial advisors often charge as a percent of assets under management. And calculating if their fee is worth it often involves knowing what percent of your growth they’re taking.

Can I ask how much money of yours these advisors are managing on your behalf? Do they provide any other services you rely on? (Like tax prep or bookkeeping or something?)

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