Concerned about your fees and charges and those of your competitors? Compeer has designed a product to assist you in this area, allowing you to directly compare your discretionary charges with other wealth management firms.
Since MiFID II introduced transparency of fees and charges, the temperature has been raised for individual wealth management firms and private banks. More firms are concerned about how competitive their fees are, particularly in a long-running bull market that looks under threat from multiple sources over the next 12-18 months.
Compeer is gathering all the discretionary portfolio management charges both bespoke and MPS from wealth management firms in the public domain, as well as minimum investment requirements, both for direct client relationships and via professional advisers. An interactive Excel tool allows full what-if comparisons, showing the effect of fee changes across the industry. The data is updated twice-yearly.