Because, many advisors aren't interested in managing $25K-$50K and understandably, can't spend much time on such accounts. By the time the potential client has enough to be of interest ($250K-$500K) the 1% is quite a bit. I'd spend the $30 to have my oil changed. For that matter, I'd pay to mow my lawn, but, as discussed here many times, someone with the time and inclination can save a small fortune by being their own planner. JOE