A client recently asked me to provide a second opinion on the investment advice he had been receiving about his brokerage (taxable) and retirement accounts. He felt the 1.0% fee was high and he didn’t know what questions to ask to determine if the portfolio’s performance justified the fee. I was happy to help. I […]
There seems to be a never-ending stream of evidence that high mutual fund fees depress fund performance and hurt investors’ return. The most recent article in the popular press explains why high mutual fees can hurt performance. Two interesting facts stick out. 1. Mutual fund fees make the difference between under- and over-performing a benchmark. With […]
