How should you approach broker fees and why?
A) Seek high ones, because it signals a better investment product
B) Seek high ones, because money managers will have a stronger incentive to make you more money
C) Seek low ones, because only top investors need to pay the higher price
D) Seek low ones, because no money manager could be worth a premium price

Question

Quizplus · Accepted Answer

Seeking low broker fees is generally advisable because high fees can erode investment returns over time, and there is no guarantee that higher fees correlate with better investment performance.

How Should You Approach Broker Fees and Why