Investment Fee Disclosure Will Improve
Investment fees are important. Fees and costs that are fair and pay for services that benefit an investor is acceptable. Fees that are too high or are charged for services not provided result in a lower investment return to you the investor and unfairly compensates your financial advisor. That is unacceptable. An upgrade to disclosing […]
Hiring a financial advisor is an important decision
You’ve decided to hire a financial advisor. But who do you choose? Deciding which advisor to work with can be difficult and maybe even a little daunting. Here are a few ideas on how to make that decision. Like most purchasing decisions it comes down to what is being offered and at what cost. I […]
DIY investors charged fees for advice not received
There is trouble brewing on how the investment industry collects mutual fund fees from some individual investors. Approximately $25 billion of mutual funds are owned by do-it-yourself (DIY) investors. These are investors who have decided to forgo professional financial advice and make their own investment decisions. Many do this to avoid paying fees to a […]
The 411 on mutual fund fees – the news isn’t good
It’s time to see if all the talk about decreasing investment fees has actually resulted in lower costs for those who own mutual funds. Don’t get your hopes up. The news isn’t good. To put mutual fund fees into proper perspective we should understand that mutual funds are very popular with Canadians. Strategic Insight reports […]