Huge Adviser Fees of Big Investors

                   

Even pros are feeling those adviser fees. Huge institutional investors should be able to get better terms as investors. Mutual funds do reduce expenses to clients who keep larger fund balances. This is perfectly logical and it’s legal.

                       

But the U.S.government has not been happy about fee discounts if done in unison by organized major investors. They include; endowments, foundations and pension funds, as part of groups, Institutional Limited Partners Association (ILPA).

                       

They would all like to negotiate lower terms than they have been getting. But it would be against the “anti-trust” law. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)