‘It’s a high price to pay’: My adviser says I don’t need a withdrawal plan for my $2.3 million portfolio. Is he right?
THE SO WHAT
A proprietary hedge strategy on $700,000 without a clear withdrawal plan is a fee story masquerading as sophistication. Whether you’re an individual or an institution, demand a simple, written cashflow and risk framework before you sign up for complex products that are hard to unwind.
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