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March 2008 ACI: 86.90 - Negative


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For the first time in four years, advisors raised AUM fees-management fees are now weighing in at 1.00% up from 0.98% in 2005. Approximately three out of four advisors (71%) increased their AUM fees in 2006. The increase is largely due to the shift by advisors toward more highly customized solutions. Read More >>

“I look to the ACI as a pure unbiased reflection of the current and short-term economic and investment environment.” -- Michael Comando, Avery Investment Mgmt.
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