Have you checked to see how much money in fees you’re paying your financial advisor?
Phil Huff, a partner with our sponsor, Golden Reserve, appeared on “Live In The D” to explain how those fees could really add up over time.
“The financial industry hasn’t changed at all,” said Huff. “Since the 70s and 80s they’ve been charging the old one-percent fee.”
Huff explained that a one-percent fee on a $1,000,000 investment is $10,000. When you multiply that over 10, 20 or even 30 years – that’s a lot of money.
For a closer look at the services offered by Golden Reserve, click the video player above. You can also learn more by calling 313-888-8884 or clicking here.