Hi. I'd be grateful for any advice. I am tasked with organizing a lifetime of investments for my 80+ year old parents, one of whom is suffering from dementia. When I took over, they were in the process of moving everything into a trust and then into the care of a financial planner. The relationship with the planner was commission based, but nothing was traded, so the planner earned next to nothing from the account. Now, the planner would like to move to a % of estate model of payment, which will mean a large chunk paid out each quarter. Since we are looking at maintaining the nut rather than active trading, is this the way to go or not? The account is many millions. Thanks.
Submitted May 09, 2017 at 03:13PM by StellaEagle http://ift.tt/2q1c8pf
