logo
welcome
SmartAsset

SmartAsset

Ask an Advisor: Is a 1% Fee for My Advisor Too High? It Eats 25% of My Returns

SmartAsset
Summary
Nutrition label

76% Informative

A good financial advisor can increase net returns by up to, or even exceeding, 3% per year over the long term, according to Vanguard research.

Good financial advisors provide value far beyond the percent return in your investment accounts.

Even professionals can’t beat the market with consistency.

SmartAsset ’s free tool matches you with up to three vetted financial advisors who serve your area.

Remember that short-term returns are often not a good way to measure your financial advisor's value.

A good financial advisor is doing a lot more to help you reach your goals.

VR Score

67

Informative language

59

Neutral language

51

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

20

https://smartasset.com/retirement/social-security-calculatorhttps://www.spglobal.com/spdji/en/spiva/article/us-persistence-scorecard/https://get.smartasset.com/advisor-marketing-platform/?utm_source=syndication_yahoo_amphttps://dr5dymrsxhdzh.cloudfront.net/blog/images/a0db8564f/2023/02/african-american-accountant-or-auditor.jpg_s1024x1024wisk20cQ_UTdWAMekpi9gd50Xz4D8UrmoaWgVxo8jylx1cmC_o-1.jpghttps://smartasset.com/retirement/find-a-financial-planner?utm_source=syndication_yahoo&utm_medium=referral&utm_campaign=sma__falc_relevantbottom&utm_content=askanadvisoradvisorfee&utm_term=rphttps://smartasset.com/retirement/find-a-financial-planner?utm_source=syndication_yahoo&utm_medium=referral&utm_campaign=sma__falc_relevant&utm_content=askanadvisoradvisorfeehttps://advisors.vanguard.com/iwe/pdf/IARCQAA.pdfhttps://article.smartasset.com/compare-financial-products/https://smartasset.com/financial-advisor/is-it-worth-paying-a-financial-advisorhttps://dr5dymrsxhdzh.cloudfront.net/blog/images/a0db8564f/2023/02/Matt-Becker-Headshot-Wide.jpghttps://smartasset.com/data-studies/bear-market-panichttps://smartasset.com/blog/financial-advisor/ask-an-advisor-fee/https://smartasset.com/financial-advisor/risk-profilehttps://smartasset.com/bloghttp://smartasset.com/retirement/financial-advisor?utm_source=syndication_yahoo&utm_medium=referral&utm_campaign=sma__falc_relevantmiddle&utm_content=askanadvisoradvisorfee&utm_term=rphttps://smartasset.com/financial-advisor/fee-based-vs-fee-only-financial-advisorhttps://smartasset.com/investing/what-is-an-investment-portfoliohttps://dr5dymrsxhdzh.cloudfront.net/blog/images/a0db8564f/2023/02/close-up-an-accountant-working-about-financial-with-calculator-at-his-office-to-calculate.jpg_s1024x1024wisk20coFNMYPEn02jSYsRcUEOe-kw5i9TMMn7NEqWFmJTdHrc.jpghttps://smartasset.com/investing/long-term-investmenthttps://smartasset.com/retirement/find-a-financial-planner?utm_source=syndication_yahoo&utm_medium=referral&utm_campaign=sma__falc_relevantbold&utm_content=askanadvisoradvisorfee&utm_term=rp

Affiliate links

no affiliate links