
Tim Buckley on Finding His Purpose With Vanguard
Masters in Business
00:00
How Much Lower Can Vanguard Push Fees Half of My Portfolio?
The Vanguard effect has been well documented not just the spaces that you're in force everybody else to be more fee competitive. How much lower can Vanguard push fees half of my portfolio is it three bibs? Oh how about two? Okay but aren't you going to run out of room eventually? Well the way we're built is it's the way we being client owned and return profits to our clients. That's the dividend that we pay out is to lower that expense ratio or those are economies of scale. So many industries where you actually get more and paid dramatically less.
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