What’s My Investing Fee? A Frustrating Quest

Our reporter thought she had a simple question, but the answers were anything but

I thought my question was simple: How much was I paying my investment adviser in fees?After a series of phone calls that elicited the kind of confusion and frustration I have rarely experienced outside of interactions with cable-company customer-service representatives, I think I have an idea. Barely.

Describing the fee disclosures of my adviser as opaque would be generous. The experience left me wondering whether someone even less savvy than me, a Wall Street Journal reporter, would be able to navigate this system, to ferret out the good information from the bad.

 

.. My combined fee was 1.4%.

 

 ..“I am trying to find a client approved document that provides you with the internal expenses on the portfolio you are invested in,” my adviser wrote.I am still waiting.