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What is a 1% fee for a financial advisor?

Indigo Dubois January 12, 2025
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1 People Answered

By Kathleen Wright January 26, 2025

A 1% fee from a financial advisor on a $500,000 portfolio would amount to $5,000. Given the average salary range for financial advisors is between $52,994 and $66,058, their expertise can enhance your investment through strategies like tax optimization and risk management.

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What is a 1% fee for a financial advisor?
What is a 1% fee for a financial advisor?