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Old 05-22-2017, 09:54 PM   #10
Johnny199r
Powerplay Quarterback
 
Join Date: Feb 2014
Location: Uzbekistan
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Quote:
Originally Posted by Slava View Post
I can see that line of thinking for sure and the Questrade ads have made that clear. I would suggest that it's kind of an oversimplification though. What I mean is that of course you save money because you aren't getting any service over that period. While I can't say what your current/former advisor does, there should be a lot more than just holding the funds.
What other services are there? I don't need tax planning, I have disability and life insurance through work, I don't think there's anything he can actually offer me to justify his take.

Obviously this argument wouldn't be applicable to someone who has no investing knowledge and uses an investor. There's value in that situation.
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