This equation is relatively basic knowledge for most people. However, the true quandry lies in finding all of the "Total Fees". How does one truly find all of the "Total Fees" in their porfolio. Have the fees been fully disclosed to start with?
It's a given fact that higher "Total Fees" are reducing the return on a portfolio.
It's time there was 100% transparency on this subject of total fees. It's also time that it was made easy for people to see what the fees truly are, and not have them hidden in any way at all.
It's 2010. A Fee Revolution as well as a Product Revolution has started. Hopefully this blog will stimulate people to ask "what is the solution?" The answer is next week.
The information in this article is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an
independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Emerald. Copyright © 2013 Emerald Connect, Inc.
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