[zie]

   * Edward Jones will do it for you for ~ 2%/yr, which is ridiculously high.

   * Any of the big banks or brokerages will do it for less than Edward Jones.

   * Almost any financial advisor will do it for about 1%/yr in fees(not ridiculously high, but not remotely cheap) or fee-based for a few hundred an hour with a 1st time setup of $4-10k, more than $10k is unreasonable.

   * The robo advisors(of which their are dozens with basically identical products, generally charge 0.3%/yr, some like Vanguard include Financial Advisor services.

   * At least one firm will do it for $200 first year and $100/yr after that, regardless of the balance of your accounts, and provide financial & tax planning/advice/etc included. They do require a little work on your part. I'm actively looking for more subscription based advisors like this, please PM me!

   * Bogleheads.org will do it for free as long as you follow their template.

[echelon]

> * Bogleheads.org will do it for free as long as you follow their template.

phpBB with a custom "web1" frontend reminiscent of Craigslist. That's something I haven't seen in a long time.

My first impression was honestly to trust it more.

Thanks for sharing!

[jacobkg]

Bogleheads has my favorite forum feature (which I haven’t seen elsewhere) which is that their home page is all posts from all sub forums ordered by most recent so you rarely have to click around to find updates. That and absurdly good content, incredibly little drama, and almost no politics

[zie]

you are welcome! Come by, it's a pretty nice community and many there have been retired for a while, so they can help you see the follies before you make them, if one is smart enough to listen.

[bonestamp2]

> At least one firm will do it for $200 first year and $100/yr after that

Can you share that one? PM me if preferred. I'm on a similar quest and so far I've found pretty much everything else you've found. My wife is a high income earner too and she's happy with the 1%/yr people that she likes, but I think we can get similar results for noticeably less.

Even 0.5% would be reasonable. As you know, from $1m to $2m that 1% fee goes from $10k to $20k and they're not doing anything more for that extra $10k/yr so the value proposition starts to break down for me. $10k in one year isn't a big deal, but over 20 years that's $200k, which might affect my retirement activities and definitely impacts how much is left for my kids (which they're going to really appreciate as life is so much more expensive for their generation).

[jcampbell1]

It can be hard convincing people that 1% is a big number. I assume that you are on average going to see 6-7% return after inflation. The 1% represents 15% of the return. So you give the tax collector 25% and the money manager another 15%. You can defer the taxes but the manager gets theirs once a quarter.

When you are in the $1m+ AUM, it is pretty easy to explain. You are going to be paying for your kids to go to college and one of theirs as well. Make sure you really like them.

[bonestamp2]

> It can be hard convincing people that 1% is a big number.

It's true. My mom only has about $1 million saved for her retirement, which sounds big to anyone who hasn't done retirement planning, but it's really not enough. Growth aside, that's $50k/yr for 20 years. She's paying her advisor 2%/yr. That's $20k/yr, which is a big percentage of her annual income, and he does almost nothing. It makes me sick.

[zie]

After you get over 1M+ AUM, your advisor should seriously think long and hard about lowering their fees, many will go down almost in half(.5%ER). Still high, but if you really desire hands-off do everything for me, it's reasonable.

Once you get to 30M+ invested NW, you can seriously think about a multi-family office and > 100M+ a family office just for you starts making sense.

Most people will have a hard time getting over 1M before retirement, so I left the other options off my original post.

[zie]

I agree, 1% is pretty high, but not ridiculous like EJ's 2% fee.

Many Robo advisors throw an RIA in for free, and they are in the 0.3% ER range. It's hard to get cheaper than that.

The only subscription based one I'm aware of right now is: https://planvisionmn.com/ They give you Fidelity's eMoney platform and you manage that part of it. They just help you with the planning part.

[WaxProlix]

There's Facet Wealth, who will take ~$200/month flat fee up until around 1M AUM (or with extra complexity) to do the same. You get good personal contact on a regular basis, but it feels bad to spend 2400/yr just for "yeah you're on the right track, this is it" every quarter once everything is in the appropriate vanguard target date funds and such.

[zie]

It took me a while to find on their website, but: "Our prices range from $1,800 to $6,000, annually." So pretty good price-wise for a full-service AUM type service.

Thanks!