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"Close to the wealth managers years of experience. If he has 20 years of experience, look for clients whove been with him for over ten years on average. If 30 years of experience, then over 20 years on average.",
"Yes",
"The active manager must outperform not just the market, but the strategic manager too by at least this cost difference simply to produce the same net gains.",
"Use strategic management, charge no commissions or hidden fees, disclose everything, and minimize taxes.",
"Once a quarter.",
"Highly unlikely, and thats why I use a strategic approach."