Question

Hey folks, I asked a question about investing with Vanguard a while back, and thank you for all the opinions and advice. Vanguard don't sell their products in Ireland, but another investment broker here, Moneycube, seem to use them for you. They claim "Most of our customers pay between 1% and 1. 5% a year all-in for financial advice, fund management, and platform/ trading costs". Question: Is that High? or the going rate? Looking at both a pension fund and an investment fund. Thanks in advance for your input.  

Answer 1

Even in the states, my firm charges about that for a managed money portfolio, so about right

Comments

Thanks Shaun

Answer 2

Needless to say, they are actually much higher fees than if you would do it yourself. It is nearly 40x higher.