Cut Out the Helpers to Keep Your Wealth

You’re juggling multiple brokers and advisors—each sending glossy reports and charging fees—while your account statements grow more confusing. One day you realize you’re answering calls from more ‘helpers’ than actual friends. That sinking feeling strikes when you look up your net return and see hardly anything left compared to the stock market’s rise.

Imagine sitting around the dinner table with your family, each cousin, aunt and uncle claiming they found a way to make the pie bigger. Then Uncle Sage stands up and says: “Stop paying all these middlemen: you’ll reclaim the slice you’ve lost.” A dull hush falls; the idea is so simple it almost hurts.

Behavioral science tells us we fall prey to authority bias, believing any paid professional must add value. In reality, every commission and fee comes right out of your pocket. You don’t need the smoke and mirrors—just broad exposure and patience.

Cutting out the helpers reclaims that lost slice of wealth every year. Redirect those savings into an all-market index fund, and you’ll feel the change in your growing balance and renewed confidence.

Decide today to call each of your advisors or brokers, thank them for their past help, and tell them you’re consolidating into one low-cost index fund. Keep notes on their reactions and any new promotions they pitch—then lock them away and redirect the monthly fees you’d have paid straight into your fund. This simple switch frees up hundreds or thousands of dollars over time. Give it a try tonight.