Reason #1 – Why I Started Karri Asset Advisors, 12 years ago
April 15, 2024 Leave a comment
Let’s say that a 1% fee of $300,000 is charged when managing an investment portfolio worth $30 million.
It is not 3 times more work than managing $10 million.
Irrespective of the amount of funds, investors are paying 3x and much more than they should be while they transfer their wealth into the flywheel of mediocrity that is funds management.
by Rob Zdravevski
rob@karriasset.com.au