For the informed investor, yes, however they are a giant step above the "financial advisors" (mostly insurance salesman) that uninformed investors otherwise would end up with.
If you otherwise wouldn't invest or would go to a non-fiduciary advisor, then the fee is worth it.
For the informed investor, yes, however they are a giant step above the "financial advisors" (mostly insurance salesman) that uninformed investors otherwise would end up with.
If you otherwise wouldn't invest or would go to a non-fiduciary advisor, then the fee is worth it.