[Carl_William]

Jively,

Thanks for the reply. Excuse my time delay in thanking you. I understand what you are saying, and it's seems fair to me.

I think some people can handle their own financial accounts, but then there are many others who can benefit from a good long term financial consultant. But....

Basically I'm against mutual funds with 12b-1 fees and financial intermediaries "brokers" who sell them. There is no benefit to the investor from 12b-1 fees -- it's just a yearly drain on their account.