Is it possible to get the ongoing service of a dedicated fiduciary fee-only advisor and make more than working with a commissioned salesperson? In many cases, the answer is yes.
This chart illustrates the difference between a very typical broker-sold mutual fund and Vestory's Focus Global 100% Equity portfolio assuming both portfolios returned 8% gross (before fees) every year for 20 years. Here are details on the two funds:
Oppenheimer Global A
Annual fees: 1.14%
Vestory Focus 100% Global Equity
Annual fees: 1.32% (includes advisory fee)