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What kind of financial services are you looking for? Estate planning, income tax, portfolio securities selection? What are your goals for the amount you're willing to invest? Level of risk tolerance? If you're just looking for someone to help you allocate assets among mutual funds I would venture to say that you could do about as well yourself with very little time commitment. Comparison shop and watch the expenses including 12b-1 fees. Don't fall into the trap of chasing last year's winners.
I've worked in the investment business for ten years at a big mutual fund company and as a licensed broker. Mutual funds have their place for the individual investor but most of them don't beat the S&P 500 over the long term. There are a lot of reasons for this including the high expenses you mention. Doing individual stock research is certainly doable yourself, too. But as you say it does take time to do it right.
Feel free to send a PM and I'll answer any questions about the funds and securities industries honestly, and at no charge for a fellow pelicanite.
Regards,
Markus
'80 SC Targa
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