Re: Do Pro Poker Players Make Good Clients For A Financial Advisor?
I'm guessing most top poker players don't like paying rake. They'd be wary of financial advisors who take a yearly percentage based fee since it will kill their chances of beating the market. They'd also be wary of the FA's who make their living getting kickbacks for putting clients into load funds, as even more rake to overcome. A smart poker pro should be able to find the vanguard website and decide a relative allocation between a stock index fund and select bond funds on their own while they pay virtually no rake.
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