I don't disagree, but you are having a conversation about something completely different. This was my comment: >I would guess that those clients are young and

I don't disagree, but you are having a conversation about something completely different. This was my comment: >I would guess that those clients are young and with high income, so their net worth may not be that meaningful yet. Otherwise, they would be well-advised to fire their financial manager, take their million dollars and live somewhere less expensive. When I say "otherwise," that means that you are either old or on a low salary. Let's spell that out: i) If you are young, on a low salary, but own a million dollars, you would be well-advised to change careers and move somewhere else, otherwise that million dollars won't last long, especially with an expensive financial manager. ii) If you are old and own a million dollars, you may as well consider retirement. Thanks for your comment anyway, but since I don't feel super invested in this argument, I'm going to end my participation here.