Quote Originally Posted by cato View Post
Your quibble with Jeffrey is that he assumed returns would be the same, and you counter by assuming that returns would be greater with the advice of a paid financial advisor.

The problem, of course, is that you have no way of knowing whether returns will be higher with paid financial advice.
I didnít assume that. I was just trying to say what youíre saying. You can make any example you want. I certainly donít believe an advisor that charged 3% would yield an improved return of exactly 3% points. Just saying thatís a different scenario with a totally different result than Jeffreyís example. My quibble with Jeffrey is he said that whole 1-2M amount was fees and it isnít.