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How to stop paying high fees on bank stocks

Featured writing by Allan Norman · M.Sc. · CFP · CIM

The Short Version

When a portfolio gets large, a fee charged as a percentage of assets can quietly add up to a striking dollar figure each year, which is the situation behind this piece. A couple paying a hefty annual fee at a major institution wonder whether managing their holdings themselves would be worth it. The question opens up a broader one many investors reach eventually: what are you actually getting for those fees, and could a simpler, lower-cost setup deliver much the same result. The piece helps weigh the savings of going it alone against the comfort, discipline, and planning support an advisor can provide, and the very real matter of whether you'd stick to your plan on your own. It's a thoughtful read for anyone with a sizable portfolio who has started to do the math on what they're paying and is asking whether they could keep more of their own returns.

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