- How much are the management fees that Kathy and I pay. Our AUM is approximately 1.93 MM. Is there a fee tier schedule? Is this fee negotiable?
- Where is the management fee shown. We looked at my final 2024 statement and saw a line item fee but could not find Kathy’s.
- Where are the fund fees that are deducted, shown.
- What benefits do I lose if there is no “managed” aspect to my account such as high yield Money Market, ATM reimbursement?
- Are you and your team Fiduciaries?
- What are your qualifications and experience? CFP® designation, other credentials, and how long have you been practicing.)
- How are you compensated? (Fee-only, fee-based, commissions, etc.)
- What is your total fee structure/all-in costs? (Includes advisory fees, administrative fees, fund expense ratios, etc.
- What specific services do you provide? (Investment management, retirement planning, tax planning, estate planning, etc. Do they offer comprehensive planning?)
- How do you incorporate tax planning into your advice?
- What is the ‘return’ on my portfolio after accounting for all fees and inflation vs. what it would be with no fees, no inflation.
- What steps can I take in the next year to further improve my financial health?
- What changes (if any) should we consider making to my investment strategy given the current economic outlook and my time horizon? Are we at 60/40?
According to AI, based on the positions in the below spreadsheet, my (Kathy’s is not included in this) portfolio is not currently allocated at 60% stocks and 40% bonds.
The portfolio is primarily invested in funds that are heavily weighted toward equity (stocks), resulting in an allocation that is closer to 67% Stocks and 23% Bonds/Fixed Income.
Here is the approximate breakdown based on the underlying assets of your largest holdings (which account for approximately 90% of your total portfolio value of $1,379,330.11):
| Asset Class | Approximate % of Portfolio |
| Stocks | ~67% |
| Bonds/Fixed Income | ~23% |
| Cash/Other | ~10% |
| Symbol | Current Value | |
| FCTDX | $638,932.93 | 46.59% |
| FIWGX | $294,112.97 | 21.44% |
| FUSIX | $200,711.05 | 14.63% |
| FGOMX | $100,122.32 | 7.30% |
| FSPWX | $31,493.24 | 2.30% |
| FZOLX | $24,501.86 | 1.79% |
| FSCJX | $17,494.93 | 1.28% |
| FIFGX | $14,512.42 | 1.06% |
| FZOMX | $14,488.14 | 1.06% |
| FSHGX | $12,025.42 | 0.88% |
| FDRXX** | $10,820.11 | 0.79% |
| FSRJX | $5,349.95 | 0.39% |
| FBLTX | $2,506.36 | 0.18% |
| FAGIX | $2,258.41 | 0.16% |
| FSRIX | $2,187.44 | 0.16% |
| $1,371,517.55 | 100.00% |