Why do RIAs / financial advisers, private banks, wealth management firms not remove dead-weight costs of $130 billion just alone from strategic asset allocation inefficiency?
And pass those to their clients, making everyone better off. That’s what Nash equilibrium would suggest. Yet they don’t.
A reason, among many is a slippery slope. This opens the Pandora box of $260-$300 billion being paid in advisory fees.
ActiveAllocator changes all this in 10 clicks and 10 minutes, at a tenth of cost.