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Today, Mark Pearson shares his views on the “race to the bottom” in the financial industry. Inspired by the Barron’s article titled “Fidelity Drops Fund Fees to Zero in Latest Price-War Gambit,” Mark discusses the issues that may arise with the low-cost industry trend, along with how the common outlooks that clients tend to adopt could negatively affect their investment outcomes.
Tune in to also find out what question you should be asking your adviser and how you can prioritize your goals to find true clarity.
Barron’s – Fidelity Drops Fund Fees to Zero in Latest Price-War Gambit