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 charges everyone the same flat, annual percentage rate with no long term commitment or contract.
Now it gets better. As the Guru manages more money, everyone’s fee decreases.
- 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.