What's the Risk?

Should I Manage A Family Member's Portfolio?


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Watch episode on youtube: https://youtu.be/LteA_4NDBYU


Published July 2024. In this episode of "What's the Risk?" we look at a question from a concerned family member. A son-in-law has taken a look at his mother-in-law's portfolio and is shocked by the fees she's paying.


His mother-in-law isn't bothered, his wife doesn't care as long as the portfolio continues to cover her mother's needs, but the son-in-law has itchy fingers and thinks he could cut the fees and help out.


While this is a noble idea, it also presents several risks, but none of them financial. We look at the impact of fees on the portfolio, and then look at the potential issues if the son-in-law tries to take over.


Want to learn more about investing? Get our Book: https://www.amazon.com.au/Your-Investment-Philosophy-Protecting-Fraudsters-ebook/dp/B0BCPJ8BGC/


www.mfg.com.au


Mancell Financial Group is an Authorised Representative No. 226266 and Credit Representative No. 403187 of FYG Planners Pty Ltd, AFSL/ACL No. 224543. ABN 29 009 541 253.

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What's the Risk?By Mancell Financial Group


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