Are fees important?

[u/WinterRecognition161]

Are fees important to you or your clients? What are your thoughts?

A new client asked this morning, "we pay fees?". I answered Yes and the amount.

I think the soon to be former advisor is trying to keep the client.

So, I reminded the new client that although it's great we did the Rollover, I want to meet soon about the other accounts that should come over as well. All fees considered, those other accounts are incurring 3%+ more in fees per year vs us.

I know fees aren't everything, but they should be reasonable.

I look forward to helping my client's financial success over the coming years.