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Money and Finances
Reply to "Edelman financial"
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[quote=Anonymous]See average fees from ICI - the Investment Company Institute - effectively the trade association for asset management industry. Smart investors don't pay 1.44% for run of the mill public equity. And if you're anywhere near 1% for bonds, you're being robbed. ps - per the Edelman website, investors incur mutual fund expenses in addition to the flat fees which start at 2%. They better be damn good asset allocators to get over that hurdle.[/quote]
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