What Should You Pay for Financial Services? 9 Answers
About 140 years ago, a Philadelphia retailer named John Wanamaker figured his customers and salesmen had better things to do than spend hours haggling. His invention: assigning one price, "plainly marked," to every product.
The price tag caught on nearly everywhere, with one major exception: financial services. Investors still have a surprisingly difficult time figuring out what they'll pay for financial advice, mutual funds and retirement plans. Click through to find out what you ought to be paying for actively managed funds, index mutual funds, ETFs, 401(k)s, investment advisors and brokerage services.
— Bloomberg News