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difference in your return, especially over time.

It’s important to understand, however, that not all investing fees are bad. It’s really a matter of understanding the value you are getting from what you pay. You might be willing to pay a slightly higher fee for different kinds of services that add value, such as more personalized financial planning or a highertouch relationship. Maybe you’re a small business owner with a specialized set of financial needs that require more help and attention from a financial professional.

A couple ways to be more aware of the fees you’re paying are to regularly review your statement and ask your financial advisor directly about the different fees you are paying, why you’re paying them and how they are impacting your financial goals.

Starting with these questions will help you become more knowledgeable and confident about your finances and the value you’re receiving. But don’t stop there! Keep asking questions and stay engaged, because these can be your most valuable assets when it comes to achieving long-term financial

Cody Kimble is a Financial Consultant at Charles Schwab with over four years of experience helping clients achieve their financial goals. Some content provided here has been compiled from previously published articles authored by various parties at Schwab. (0422-258R)