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Analysis on Fees Matter in Asset Allocation Planning

The purpose of this paper is twofold: first, to discuss cost controls, including tax management, and second, to introduce methods for seeking professional help when needed. The more you pay in fees and commissions, the less you earn in return. Controlling costs is an important part of any investment strategy, and that includes a good tax strategy. Some people opt to hire a professional investment manager to help with this asset allocation process and to stay on track. The final part of the chapter discusses the advantages and disadvantages of hiring an investment adviser.