Hello again,
I have a managed portfolio with a fiduciary. I've had some really interesting discussions about that decision on this forum but this post is not about my accounts, it's about my daughter's Roth, which is managed as part of the package deal. I've been with this firm since April and I'm still feeling things out.
My concern is: my 23 yr old has around 60,000 in her Roth. It is in two American funds, GFFFX and NFFFX. So basically she is paying a .75% management fee and a .40% and a .68% expense ratio (respectively) for two funds that are basically tracking an average return.
I have some year end performance reviews coming up and I would like to know if any of you see any reason this makes sense?