Start with the Actual Account
Use your most recent statement, the advisory agreement, fund documents and transaction confirmations. Separate recurring advice charges from fund expenses, trading costs, account charges and exit fees. Ask which charges are already reflected in a quoted return so you do not count the same cost twice.
Compare a Consistent Service
A low price is not the same as good value, and a higher price is not evidence of better advice. Write down the planning, service frequency, tax coordination and investment work included. Ask whether the fee applies to cash, whether household balances are combined and whether the rate changes at asset breakpoints.
Put the Answer in Writing
Request a worked example using your balance. Compare the same time period and service scope across firms. Our calculator illustrates recurring percentage fees; an actual proposal can include tiered pricing, commissions, spreads and charges it does not model.
Put It Into Practice
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General education, not personal investment, legal or tax advice. Rules and product terms can change. Confirm current requirements at the original source.