Jump to content
bWise Forums
Sign in to follow this  

American Savers Are Making Wealth Managers Rich

Recommended Posts

There was an interesting and slightly scary article in the Wall Street Journal recently, in which reporter Andrea Fuller tries to find out what fees she’s paying to the financial adviser who manages her money. At long last, after a torturous experience with the company, she finally manages to find out how much she’s paying -- 1.4 percent of assets every year, with 0.85 percentage point of that going to the advisers who manage her investments, and 0.55 percentage point to the funds they invest in.



Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this