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What Are The Multiple Layers of Fees Wrap Platform Users Pay?

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David Ferrall is the CEO of FinClear. FinClear has recently launched a HIN based platform model for financial advisers. In this video with Informed Investor, David discusses the multiple layers of fees a client pays inside the existing platforms models.

Key Points in the video :

  • There are five layers of fees a platform client pays to be administrated by a bank or independent platform
  • What are the hidden fees ?
  • Is free brokerage the future ?