Say Goodbye to the 1% Investment-Adviser Fee?

Even 1% is hard for new investment advisers to make money on for new / small wealth managers given the regulatory requirements for maintaining compliance with state regulators. And for bigger wealth managers beating the market becomes harder, but their clients are ok with just not losing money sometimes, give they are constantly fighting inflation and massive rapid repricing or tax changes that they can’t quickly escape.

https://archive.md/F7rmt

Normally, WSJ is behind an annoying paywall.

But at the moment, the whole thing is down! I've been trying to read this page for twenty minutes and I keep getting a 503 error.

Perhaps WSJ is hosting on AWS, which is partially down:

https://us-east-1.console.aws.amazon.com/console/home

https://news.ycombinator.com/item?id=29473630

EDIT: seems to be back up now after an hour or so

Is the fee going away or just being hidden, aka bundled into other things?

It’s not being hidden. Though, hourly or fee-based advice can be equivalent depending on the price and the portfolio size.