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Yes. It is completely worth it. They have more knowledge about finances than you do because they do it all day long and if they make you more 1 percent of your money each year, you're really just giving them a percentage of the profits, right?
I think there's probably some dollar amount that they're worth. Their value probably increases as the amount of wealth that you have to manage increase. Is there any data on this someplace?
Yea but would you pay out 1% of your income on a Financial Advisor?
Didn't you just indicate that you would?