🚨 The net worth where financial advisors become OPTIONAL

1.6K viewsabout 2 months ago0m 40sScore: 70

BiggerPockets Money

Pricing & Profitability
intermediate
Expenses
Profitability
Tax Strategy
Revenue Management

Summary

The speaker challenges the narrative pushed by the wealth management industry that individuals with over a million dollars need professional help managing their portfolio. They state that many people in their community with over $10 million manage their own portfolios, finding it well worth their time due to the large after-tax fees charged by wealth managers, and preferring to be responsible for their own investments.