What You Need to Know About Fees for Financial Advisors

Reporter: Sheryl Nance-Nash

Publication: Newsday


Deadline: May 31, 2017 12:00 pm

A new survey shows how little people know about fees for financial advisors….21% said they know they pay fees, but don’t know how much, 32% thought higher fees correlated to higher returns, 28% don’t pay attention to fees when selecting investments (and among those 18-34, 47% don’t pay attention to fees)… I want to hear from consumer advocates and other financial experts, especially from Long Island and the NYC metro, area, what the 3-5 most important things investors should know about fees, how they work, how to find out what they’re being charged in fees and more.

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