Most clients pay between.5 % and 1.5 % depending on portfolio size. (networthadvice.com)
Investing in REITs, however, can be done by nearly any investor, regardless of portfolio size because of their availability in investments such as mutual funds and exchange traded funds. (blackrock.com)
But I believe he was an exception, and most investors would opt for explicit transparency in order to pay less, especially as the difference in costs increases with portfolio size. (moneysense.ca)