SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: temco2 who wrote (34306)12/16/2024 1:23:01 PM
From: bugdoc82  Respond to of 34328
 
Hi, I have IRA accounts at Schwab & Merrill. I also used to have a "managed" account at Merrill. I did pay the managed account fees (1% of AUM) while I was working but then moved the assets to a self-directed IRA (Merrill Edge based) when I retired. I current don't pay any fees at Merrill (or Schwab).. The managed fees sure add up and even though I had a very good manager, I don't feel it was necessary now that I am able to devote time to the same tasks he was doing. Some folks might want that if they have no inclination to manage the investments themselves, but for me it is now a hobby! Kevin