Unlike the standard platform used by many financial advisors with multiple fees and a commission management fee of 3 %, a managed account platform has just 1 fee. (capitalwealthplanning.com)
It is easier to manage your investments when they are all in one place, and you can save money by avoiding multiple fees and brokerage expenses. (hsbc.ca)
A single transaction may result in multiple fees being charged to the account. (usaa.com)