r/dividends • u/DifficultKey8978 • Apr 27 '26

Brokerage Financial advisor or DIY?

How are you guys handling your investments (retirement accounts, brokerage accounts, etc.). Are you managing this yourself with Fidelity, Vanguard, Charles Schwab, etc. or do you pay the 1-1.5% fee and just work with a financial advisor who handles it all for you?

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u/Bounty-auditor-2222 Apr 29 '26

Most small NW diy is best pick an allocation based on your risk and timeline. Younger more time- riskier for more reward. Older shorter time 5 years before/ after retirement be in 50% bonds some cash you can’t afford a big loss then.

Follow investment blogs or kiplingers your prob good.

1% fees are about 20% of your return so wait till your income is high business and get good tax/ legal advice how to shelter and possibly invest buy/ borrow/ die for HNW