Cost comparison: Where is the fair fee level?

Cost comparison by asset size

Graphic: Fee comparison for asset management solutions with different investment volumes. The fees shown are expressed as a percentage of assets under management and are total costs (TER), which includes all fee categories listed below.

The savings potential is huge

Good asset management is not more expensive - on the contrary. The table below shows the annual costs as a percentage of the investment volume and the savings potential for various portfolio sizes

Attention - there are many hidden costs

It is important to know what costs are incurred in relation to the management of your assets. Banks and asset managers do not provide an actual statement of costs. Although customers receive individual statements over the course of the year, a comprehensive overview is not provided. In addition, there are a large number of fees for which there is no statement but which are charged differently (e.g. product fees, FX fees). ZWEI Wealth has been establishing a new standard for clients with a Wealth Office for years. Here is a list of the various types of costs and a description of them:

Tips & Tricks on Costs

1. billing errors are very common

The bank systems for costs are very error-prone and are overridden centrally in the event of changes, which means that individual agreements often go unnoticed.

2. indirect costs are not displayed

Indirect costs are missing from the cost statements. On average, these account for the same amount as the direct costs. These costs must be disclosed by the bank or asset manager on request.

3. prices are negotiable

The list prices of banks and asset managers are deliberately set high in order to maximize prices for less price-sensitive clients. Those who do not negotiate pay too much.