From what I understand, private funds, especially hedge funds traditionally charge 2% of assets under management and 20% of profit.
As far as financial advisors go, that doesn’t sound insane, but remember if the advisor is investing your money into mutual funds, etfs, private equity, or hedge funds, those will each charge a nice fee on top of that seemingly small .35%.
As far as financial advisors go, that doesn’t sound insane, but remember if the advisor is investing your money into mutual funds, etfs, private equity, or hedge funds, those will each charge a nice fee on top of that seemingly small .35%.