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URL:  http://boards.fool.com/hawkwin-analyzes-the-more-the-marketing-the-30629167.aspx

Subject:  Re: Financial Advisor Fees Date:  4/9/2013  7:54 PM
Author:  intercst Number:  71878 of 76237

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.

http://vanguardblog.com/2009/11/25/why-we-advertise/

</snip>


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.

intercst
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