回复：Strongly agree

If you pay wealth manager 1.5%, highly possible the mutual funds the fund manager picked have less expenses. Very few peopel read those "big book" from fund company -Even the same fund, individual investor buys fund at "retail price" (paying hgiher management fee and sales fee) while the institution buys fund for their clients at "retial price". Some of wealth managers act as "mutual fund manager" to trade stocks/bonds diretly at wholesale price, therefore the 1.5% is a great deal since it is much cheaper than any mutual funds' operation cost.

I strongly agree that picking a good wealth manager is not an easy job but it is worth the effort with this amount of money.