What are the advantages and disadvantages of personalized investment?

Advantages of personalized investment:
Customized investment strategy tailored to individual financial goals and risk tolerance.
Professional management of investment portfolio by experienced financial advisors.
Ability to adjust investment strategy as financial goals and risk tolerance change.
Potential for higher returns due to personalized and actively managed investment strategy.

Disadvantages of personalized investment:
Higher fees compared to passive investment strategies.
Potential for lower returns due to fees and active management.
Limited control over investment decisions.
Limited transparency in investment decisions.
Requires a higher level of trust in the financial advisor or investment firm.