Tuesday, January 30, 2018

In the Future, Folks in Finance won't be as Flush From Fees

A short worthwhile article:  Vanguard CEO: Lower Fees Coming to Advisers

Let me prophesize:  the fee compression experienced now by asset managers will continue for another decade.  And I'll venture that investment banks - from the bulge bracket to the boutiques - are just beginning to experience the same intense client pressure for lower fees.

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