Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
Nevertheless – Physicians and All Investors Must be AWARE & INFORMED!
SPONSOR: http://www.MARCINKOASSOCIATES.com
Dr. David E. Marcinko MBA MEd CMP®
***
SPONSOR: http://www.CertifiedMedicalPlanner.org
Many financial planning websites mention fees, as required, but still remain opaque to potential clients because the advisor wants to control the discussion and understandably wishes to avoid the website shopper phenomenon.
But, physicians and all investors can still control the discussion, and still provide transparency, because posting up front pricing information doesn’t mean presenting information in a vacuum!
For example, a 1%/year fee doesn’t have to just be 1%; it can be 1%, compared to an industry average cost of X%, where the average cost of an actively managed mutual fund is Y%.
***
***
Similarly, it doesn’t have to be a retainer fee of $1,000/year; it can be a retainer fee for less than the cost of a monthly cable bill! And, a financial plan doesn’t cost $1,500; it costs 8-12 hours of staff time to craft extensive, customized solutions; but saves the doctor-client so much more!
And, if services have a range of potential prices, they might be provided with some insight into the factors that impact the price. Modern young and internet savvy doctors expect this sort of information.
ASSESSMENT: Your thoughts are appreciated.
LINK: https://medicalexecutivepost.com/2015/04/06/understanding-the-failure-to-recognize-mutual-fund-fees/
MORE: https://medicalexecutivepost.com/2015/02/12/a-review-of-investing-expenses/
LINK: https://medicalexecutivepost.com/2018/04/26/the-six-types-of-investment-fees/
SECOND OPINIONS: https://medicalexecutivepost.com/schedule-a-consultation/
INVITE DR. MARCINKO: https://medicalexecutivepost.com/dr-david-marcinkos-bookings/
THANK YOU
***
Share this:
Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Career Development, Industry Indignation Index, Investing, Research & Development, Touring with Marcinko | Tagged: financial advisors fees, financial advisors posting fees, financial planner fees, Marcinko |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Investing Fees = “Trust No One”
https://www.msn.com/en-us/money/retirement/your-401-k-fees-could-cost-you-half-a-million-dollars-in-retirement/ar-AAKpg1Y?li=BBnb7Kz
Zeke
LikeLike
Dave,
Many thanks for the “like.”
ME-P
LikeLike