Skipping a $50K Advisor Fee After Losing a Spouse—Wise or Foolish?

247wallst.com/personal-finance/2025/05/20/skipping-a-50k-advisor-fee-after-losing-a-spouse-wise-or-foolish

Key Points




A Reddit user is wondering if paying $50K for a financial advisor is too much.



Given that she has $5 million in assets, a 1% fee isn’t out of line with the going rate.



Trying to manage a large fortune without an advisor or financial knowledge could cost her…

This story appeared on 247wallst.com, 2025-05-20 13:00:39.
The Entire Business World on a Single Page. Free to Use →