I have an estate worth approximately $5,000,000. Would it be better to pay a financial advisor a flat fee of $10,000 or 0.5% of my assets?

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I have an estate worth approximately $5,000,000. Would it be better to pay a financial advisor a flat fee of $10,000 or 0.5% of my assets?

247wallst.com/investing/2025/06/01/i-have-an-estate-worth-approximately-5000000-would-it-be-better-to-pay-a-financial-advisor-a-flat-fee-of-10000-or-0-5-of-my-assets

Not everyone wants to deal with managing their estate. Instead, they prefer to find a reliable financial advisor who can stay on top of the assets and grow them over time. A high-net-worth individual with a $5 million portfolio is looking for this type of solution and is choosing between…

This story appeared on 247wallst.com, 2025-06-01 12:06:18.