2min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Michael Kitces – The Past, Present & Future of Financial Advice - [Invest Like the Best, EP.122]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

The Average Fee of the Financial Services Industry

The average fee that the financial services industry extracts has hovered almost precisely between one point five % and two % of savings for over a century hen we were going all the way back to everything is you accounted for by hand. Financial services apparently tend to not scale its pricing down. It tends to value on its way up to maintaining the fee structure.

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