Using Fidelity Wealth Asset Management

There's not much value for me. There is maybe some value for others. I will never agree to pay someone a percentage of my wealth.

Fidelity called me a couple years ago when my brokerage account was growing and asked if I wanted to move into a professionally managed account with a tax loss harvesting strategy. I’ve been in it 3 years now and am pretty happy. They model the SP500 with individual holdings and cut out the losers before dragging your avg down too far. The expense is around 30 basis but they’ve beat S&P bench marks by 150-200 bps each year and I net tax advantages of tens of thousands per year while converting most gains to capital gains status. I think that approach has been worth it. Since I’ve grown more they hound me for a bigger piece of my pie but I haven’t increased their role.