I've (52M) been talking with a Fisher rep for awhile, I've been through the analysis process, and they make a fairly compelling case that, net fees, they could improve my returns 4 to 5%.
I'm skeptical, but I'm also a "set it and forget" it investor, about 10% bonds, 50% VOO, 10% VTI/small cap, and the rest in target date funds.
My portfolio is a little unbalanced and spread over a bunch of accounts I've accumulated over the years. Overweight in some areas, underweight in others. I could consolidate and balance, but I hate to think I'm leaving money on the table with a mostly hands off approach. Hoping to semi-retire in 10 years.
Anyone using Fisher, or other similar firm, and feel it's worth the fees?
EDIT: Fisher fee is 1.25. Most of my ETFs are .03 to .1
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So I have a RRSP with Sunlife which was in a bunch of random funds, it's accumulated to about 500k, then last month with the weird market I moved it all to government bonds to "protect" it. The funds were all equity based and US growth - I'm 49. Don't plan to retire anytime soon.
I can contribute the max RRSP amount every year for as long as I'm working (don't plan to retire until at least 65.. I like what I do) I don't really want to do any major research into funds etc I tend to get caught up in analysis/paralysis , but also I don't want to put the funds into something that costs % every year going to "professionals" whether they grow or shrink. I filled in a form online (while researching) and Fisher called the next day, they did a nice job of telling me how they can help me reach my goals and it was all pretty slick.. but then later I read some less good things about how their founder made some sexist comments 😮 told my wife who is less than impressed..
People talk about various funds xeqt? or something seems like a popular place to park money for growth. Looking for a "balance" but growth orientated option where I can just contribute and not think about what is happening with the ignorance of I have but peace of mind the rrsp will be growing relatively safely..
thanks for any thoughts