Fee erosion coming?
on Jul 07, 2014
I noticed two recent Ignites articles discussing fee reduction. The first cites BlackRock cutting fees on a lagging equity suite. The second cites John Hancock cutting fees on their advisor-sold 529 plan.
Obviously we don’t believe two data points forecasts a trend. Yet perhaps pricing is worth discussing again. Many prognosticators have predicted fee erosion and margin compression over the last decade. More important than their predictions, what do you think? Leave us a comment if you can.