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re: Somebody recommend a couple of good financial planners in greater NOLA.

Posted on 3/15/25 at 9:36 pm to
Posted by Dandaman
Louisiana
Member since May 2017
797 posts
Posted on 3/15/25 at 9:36 pm to
Just ask us.
Posted by Jake88
Member since Apr 2005
77916 posts
Posted on 3/17/25 at 8:38 am to
quote:

The first thing that you need to understand is their fee structure. Many financial advisors use an "Assets under Management" (AUM) or "Assets under Advisement" (AUA) model. These advisors charge you based on the value of your portfolio - usually around 1%. So a $1M portfolio means a $10k annual bill
And that's on top of the fees charged by the funds you have, correct?

What's the usual flat fee rate? What if I just want to meet with the planner a few times a year and have them tell me how to set up different accounts and when to draw from which?
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