Ask Paula: I’m Worried My Parents Are Getting Ripped Off By Their Financial Advisor … Help!
Afford Anything
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The New Adviser Can Help You Move the Stuff Over
The new person whom they work with will take care of a couple things. They can explain all the excessive fees that they're paying, and can give them some transparency about the product. The new asset management company can help them move the stuff over. And by the way, it's got to be the new adviser who tells you how you're getting, how the fees are, or tells your parents.
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