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Subject:  Re: Financial Advisor Fees Date:  4/9/2013  7:54 PM
Author:  intercst Number:  71878 of 88758

Hawkwin analyzes,

The more the marketing, the crappier the deal.

Stunning logic you got there.

Someone better tell Vanguard that they should stop advertising then.


You're making my point for me. Vanguard's advertising & marketing expenses as a percent of assets under management is a small fraction of what high-fee, low-value shops like Merrill-Lynch, Morgan-Stanley, Ameriprise, etc. spend.

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