Ramit SethiRamit Sethi: The No-BS Guide to Living a Rich Life

How Financial Advisors Confuse You — On Purpose

9 Nov 2025 · 0 min

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0:18

Ramit Sethi explains how financial advisors use percentage-based fees, typically 1% of assets under management, to hide the true cost from clients. A 1% annual fee compounds into a massive expense over time, yet people accept transparent fixed prices for gardening or personal training. Demand clear pricing instead.

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