With a traditional Financial Advisor, fees can range from 1% to 2.5% or more. Typically, the more money you have, the lower your percentage charge is. The Guru believes that it is unfair to charge people more because they have less money. So the Guru’s fees are negotiable with no long term commitment or contract.
Now it gets better. What we’re striving to attain is a fee structure that works so as the Guru manages more money, everyone’s fee decreases. Here’s the idea below.
- As the Guru grows, increased scale improves efficiency.
- Everyone works together. By introducing your friends and family to a better way of investing you increase your return and theirs.