Does Size Matter?

When looking for a financial advisor,some physician-investors like the assuranceof dealing with a large brokeragefirm. But the flip side is that you're morelikely to be a face in the crowd to youradvisor and they may have an inherentbias toward selling the firm's proprietarymutual funds rather than other funds thatmay be better for you. If you go with asmaller firm, you'll enjoy a more intimate,1-on-1 relationship with your financialadvisor, but you still have to be carefulabout fund recommendations. Commissionsfrom fund sales can sway anadvisor's judgment. Therefore, alwaysask how the advisor gets reimbursed andwhether the commissions on recommendedfunds are higher than on other funds.