The financial sector with the most contact with the investing public–the mutual fund industry–has largely evaded pressures to reform.

This is a serious omission since the $3 trillion mutual fund industry plays a critical role in determining the financial well-being of millions of Americans. The industry’s problems, ranging from conflicts of interest to lack of transparency, affect retirement planning and the ability to build secure financial futures for millions of investors.

As a result of the Lost Decade of investment returns, it’s time for fund companies to adopt a new mutualfundreform-logocustomer-centric business approach.  They have to decide whether their primary beneficiaries are their wholesaler sales forces or their shareholders.  They cannot serve both. The high fund fees, many of them hidden, are a reason why ETFs are now more popular than most mutual funds.


Why Fund Reform Matters to Investors

Fund reform matters because high fees, in the form of the fund’s expense ratio, are often more important than the fund’s return. When fees are recurring, they have a negative compound effect. This means shareholders lose more money as time goes by.

We also believe that in an era of low returns, investment professionals should adopt the fiduciary standard and practice transparency.  Both of these are the foundations for good marketing.

For individual investors, this site believes that educated investors get better returns.

Your comments are always welcome at


  1. Steve Moore
    April 12, 2016 at 11:16 pm — Reply

    I want to turn my investment portfolio over to a firm that shares my progressive values.

    • Chuck Epstein
      January 16, 2017 at 2:21 pm — Reply

      Good idea since fund companies that are socially responsible also post higher returns than other fund companies.

  2. January 16, 2017 at 6:11 am — Reply

    Nice website. Do you know of any 401k management companies offering lower fees than Vanguard?

    • Chuck Epstein
      January 16, 2017 at 2:19 pm — Reply

      For 401k plans,as a plan sponsor, Vanguard is about the best since they focus on low fees and expenses.for individual investors, Vanguard again ranks at the top, but there are some small, automated companies using ETFs that are also interesting and focus on lower expenses. Never put your 401k in a bank or insurance company group of mutual funds. Those companies have high overheads and that cuts into investor returns.

Leave a reply

Your email address will not be published. Required fields are marked *