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I'll grant you that there are those out there whose fees are well beyond the reasonable and do take advantage of the unwary. Yes, people need to watch out.

But I suspect the steady money on Wall Street comes from those who arrange to collect a few pennies at a time from everything owned by every client. They think those charges are modest, not greedy, and they hope they will go unnoticed.

This is the internet security issues all over again. The ones who get caught may seem formidable but really the ones to be most concerned about are the ones that operate undetected in silence.
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