I hope I'm not a patron of a company whose executive is so dim that he's accepting a fee of 4% for investment advice, and has just come to realize it. Even with CRM2 disclosing the trailer fees on MF MERs (often less than half of the total MER load), I hope he's enjoyed enriching his advisor and shortchanging his family's future resources. How unobservant can you be?

Questrade's ads have pointed out that the 10 or 20 year effect of standard MF fees can easily take 28% of your portfolio value. These ran long enough ago, that alarm bells have also been ignored. Mr Danoff loves to get your money, and his interest in your well being is a little less than the ads for Fidelity suggest.

While I'm constantly on the alert for ways to reduce my 0.5% DIY composite fee load, a lot of tropical vacations and luxury cars are to be found on the other side of the desk from the client.

And the interest and expertise offered with my checking out a robo-advisor seemed to be pretty comprehensive.