Everyone understands that fees are an inescapable conflict between manager and client, but there may not be full disclosure of how hard they bite. Consider the retirement accounts of investors A and B. If A pays a fee of 2% while B pays 1/2%, the math tells us to expect A’s account...
Everyone understands that fees are an inescapable conflict between manager and client, but there may not be full disclosure of how hard they bite. Consider the retirement accounts of investors A and B. If A pays a fee of 2% while B pays 1/2%, the math tells us to expect A’s account...
Everyone understands that fees are an inescapable conflict between manager and client, but there may not be full disclosure of how hard they bite. Consider the retirement accounts of investors A and B. If A pays a fee of 2% while B pays 1/2%, the math tells us to expect A’s account...
Everyone understands that fees are an inescapable conflict between manager and client, but there may not be full disclosure of how hard they bite. Consider the retirement accounts of investors A and B. If A pays a fee of 2% while B pays 1/2%, the math tells us to expect A’...