owlegrad
Uncontrollable Sarcasm Machine
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Personally I am not against paying for financial advice but that AUM (1.5% I assume?)…yikes. But it sounds like you know what you are doing so hopefully you are getting value for the money. I have a “legacy” brokerage account my mom setup for me as a kid and I let the manager do whatever he wants in that account (it’s worked well enough so far) so I understand not wanting to change something if it’s worked for you well enough so far.I have some shares of AAPL dating back 10 years ago with cost basis of 35.82. Also, V from 9 years ago at cost basis 105. Those 2 total less than 40k in value after I sold a lot of shares early during the pandemic - also sold SHOP pretty near its peak after holding for a couple of years and experiencing 10x. Over the past 2 years, ive slowly divested from almost all individual stocks in this account and moved to index funds - after a certain point i guess it grew enough where I chose to gamble less, but didn't want to move it to my main brokerage account (which is AUM with a CFP - yes, im aware its an unpopular and ill-advised thing with bogleheads and many). But yeah, in my fun money account now I only have 3 individual stocks and I've held them all for 7 years or more.
A milestone since I first started was to have it grow enough to pay off my mortgage (which i wouldn't since it's under 3%). It's more or less there as of this week and a pretty nice feeling.
I am curious how your CFP feels about you having other accounts where you do whatever you want. Surely the value of a CFP is trusting them to do what’s best for you? If not, why have them at all? Perhaps I am missing something or misunderstanding?