✉news BusinessPersonal Finance first seen 3 h ago, last 2 h ago, peak #31
Investors balk at 1% adviser fees, seek cheaper reviews
Original: I’ve had 2 financial advisers, but can’t stomach the 1% fee. Where can I find a great one who will simply review my portfolio twice a year?
A MarketWatch reader question is drawing attention to frustration with standard financial adviser fees. The reader, having worked with two advisers, objects to paying the typical 1% of assets annually and wants an adviser who would simply review a portfolio twice a year instead. The question highlights a wider debate over whether percentage-of-assets fees are worth it for investors who mainly want occasional checkups.
Why now: People are actively debating whether 1% asset-based adviser fees are justified versus flat-fee or occasional review services.
Rank over time, top of the chart is #1. 2 snapshots from 3 h ago to 2 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/391482