Make sure your financial adviser is worth what you’re paying


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“Most people pay much more than they think for the advice they get,” said Scanlon, a former managing director at Bernstein Global Wealth Management in Dallas. “If you are paying 2 percent to get 5.7 percent [in an investment return], what that really means is that you are paying 35 percent of your return for this advice, which is outrageous.”

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