Just a heads-up: Portfolio Solutions recently changed their fee structure.
Here's the current information from the website:
"Our management fee at Portfolio Solutions® is only 0.37% per year for your first $3 million in assets under management, and decreases even further to just 0.20% for assets over $3 million.*
*A total relationship value below $1 million is subject to a $925 minimum quarterly fee in lieu of the 0.37% annual management fee."
Thanks--that's quite an increase in costs. Too bad, because I like Rick Ferri's approach. He's been very honest, too, that you can do all of this yourself (and he's written books on how to do it). From that perspective it's very above board: Do it yourself as I've shown you, but if you choose you can pay us .37% and we'll take care of it."
From what I understand, they're also increasing the services provided.
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