Clients pay 1%-2% of total assets, just in fees to wirehouses/ private banks/wealth management firms/family offices hoping for the best long term strategic asset allocation recommendation. Yet, since long term is …errr…..umm …long term, they have really no way of knowing how something they paying for stacks up against another.
ActiveAllocator.com allows you to compare your own portfolio with any other firm’s recommendations in seconds.
Not just that, you can change any input on the fly and arrive at a better recommendation.
How’s that for starters?!