Use Advisers For Low Earning Investments??

I have always pointed out disadvantages of the expensive use of financial advisers. When they take 1% to 1 1⁄2% of assets on investments, for advice on investments that yield 3%, you’ve started investing at a major disadvantage.

Example: For every $100,000 managed, your fee of 1 1/2% works out to $1,500 but you have earned 3% or $3,000. That fee is 50% of your income.(See the Earl J.Weinreb NewsHole® commentaries.)