401K Advisors
02-12-2024 | 10:40 AM
#1
Thread Starter
Gets Weekends Off
Joined: Dec 2017
Posts: 660
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401K Advisors
All, I’ve reached the point where I feel like I’m missing out trying to just let it stew and sit. I’m in search of an advisor/manager who’ll get in there and do better than I am. Who do you all use, what are their fees and such?
02-12-2024 | 10:56 AM
#2
Kerbal Rocket Surgeon
Joined: Dec 2007
Posts: 1,099
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From: DTW 717A
S&P Index fund charges me 0.05% but that's because i use $STRV instead of the company option which is 0.01%. There is oodles of research out there showing that very few funds or managers beat the S&P consistently.
02-12-2024 | 11:09 AM
#3
Line Holder
Joined: Sep 2005
Posts: 1,376
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If you must…..Wiser Wealth Management is owned by a former airline pilot turned advisor who is super honest and can help. they are in Marietta GA I believe.
02-12-2024 | 11:09 AM
#4
Gets Weekends Off
Joined: Apr 2008
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From: DAL FO
If you’re willing to do a little bit of reading, check this guy’s blog out. The “start here” page will get you 80% to where you need to go with streamlining your financial life.
He writes about doctors, but most of their considerations are the same faced by other “high income professionals” like us.
No connection to this guy and have never given him a penny. Just all around good advice:
https://www.whitecoatinvestor.com/pe...e-for-doctors/
He writes about doctors, but most of their considerations are the same faced by other “high income professionals” like us.
No connection to this guy and have never given him a penny. Just all around good advice:
https://www.whitecoatinvestor.com/pe...e-for-doctors/
02-12-2024 | 11:34 AM
#5
Banned
Joined: Apr 2017
Posts: 4,208
Likes: 5
S&P is great, but it isn't diverse enough. You'll want international exposure too in case the US stagnates for a decade (which has happened before). Also you'll want exposure to small, and value companies because they tend to have higher rates of return than the S&P but of course are also more volatile.
02-12-2024 | 11:41 AM
#6
Gets Weekends Off
Joined: Dec 2013
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You just funnel funds in the 401k to a brokerage and then buy $STRV? Is STRV one of the funds you can auto invest in? The list of funds you can buy on automation seems to be limited.
02-12-2024 | 01:09 PM
#7
Line Holder
Joined: Jun 2015
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https://aboundwealth.com/work-with-us/
Fee-only, no commission off funds/sales.
02-12-2024 | 01:28 PM
#8
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Joined: Oct 2016
Posts: 349
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I handle it myself, but if I wanted to hire someone, this firm is generally honest and above board:
https://aboundwealth.com/work-with-us
/
Fee-only, no commission off funds/sales.
https://aboundwealth.com/work-with-us
/
Fee-only, no commission off funds/sales.
What is Abound Wealth’s fee structure?
Abound Wealth charges a percentage of assets under management (AUM) fee for advisory services.Assets under management isn't what most would consider fee only
02-12-2024 | 02:03 PM
#9
Gets Weekends Off
Joined: Sep 2006
Posts: 2,609
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From: Bus driver
I handle it myself, but if I wanted to hire someone, this firm is generally honest and above board:
https://aboundwealth.com/work-with-us/
Fee-only, no commission off funds/sales.
https://aboundwealth.com/work-with-us/
Fee-only, no commission off funds/sales.
02-12-2024 | 03:30 PM
#10
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
VTAX Russel 2000 small cap
VXUS Total Market International
Pick your allocation and spend the rest of your time enjoying life.
If you are doing this inside the Delta plan, there are equivalent low fee funds.
Income producing real estate is better, but takes more time vetting sponsors, acquiring NNN assets and/or managing property..
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