4min chapter

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352 | The DIY Financial Plan

ChooseFI

CHAPTER

Is There a Race to Zero Fees in Financial Advice?

The financial advice industry really came out of a place of selling insurance products. There's been a shift in terms of, i think in a previous episode, you used to have to use an investment adviser to even purchase mutual funds. But what's interesting about fee only is it's not actually synonymous with flat feet. And certainly our community and younger, especially millennials and younger are seeking transparency and simplicity.

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