Don M. Chance, PhD, CFA, holds the Norman V. Kinsey Distinguished Chair in Finance at Louisiana State University, Baton Rouge, Louisiana. He is the author of multiple books and articles on finance and is a trustee of a 403b plan.
If you have more than $40,000 under the care of a financial advisor, you may be paying that person more than you pay your primary care physician. Think about that for a moment. Your...