Is a 1.5 fee high for a financial advisor?
I'm curious to know if a 1.5% fee for a financial advisor is considered high in the industry. I understand that fees can vary based on a number of factors, such as the complexity of the portfolio and the level of service provided. However, I'm trying to gauge whether this particular fee falls within the typical range or if it's on the higher end of the spectrum. Can you provide some insight into what would be considered a reasonable fee for a financial advisor and whether 1.5% aligns with that?