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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

You Could Be Losing $10,000 a Year: When a 1% Financial Adviser Fee Is Worth It And When It's Not

Eric Croak United States NIRS
High-net-worth investors are losing a lot annually on 'automated' advice as experts demand a shift to fee-only models to protect retirement pots. (Credit: Andrea Piacquadio/Pexels.com)

Investors across the US are currently facing a silent drain on their wealth as the traditional 1 per cent financial adviser fee comes under intense scrutiny.

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