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Are my financial planner fees too high?

Started by redd, January 26, 2021, 10:52:19 AM

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redd

My Ameriprise Dec. statement has a balance of $515,000 and the fees are $626. This fee is the MONTHLY fee. This is a new account that I rolled from a 457 to this IRA account with Ameriprise. Fees are done on a monthly bases on the new balance. This seems extremely high. What are your opinions? Thanks

inoffensiveusername1

Well seems high compared to the $0 I pay at my broker.