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Re: fwh3334zeke post# 482730

Wednesday, 07/19/2017 12:39:35 AM

Wednesday, July 19, 2017 12:39:35 AM

Post# of 728434
Should be easy to figure out if someone has an idea of the going rate for managing billions. If my financial advisor makes $1000 off me annually and we know they generally earn around 1%, then it's pretty clear I have $100k.

Anyone have any idea what these big money managers like A&M's rates might be?

$24,000,000,000 X .0001= $2,400,000

If one hundredth? of a percent is the going rate to manage that much dough then Bob's $32 - $8 = $24 is a pretty dang close? Not my opinion but rather my question. Anyone?
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