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Volume Discounts With mutual fund expenses, cheaper is better.
"It's severely tarnished," said Geoff Bobroff, president of Bobroff Consulting, which consults with mutual fund companies.
On the other hand, Mr. Aguilar met with mutual fund companies 11 times this year as the proposal was being developed, according to S.E.C. records.
Mr. Evensky says his strategy is to stick with mutual fund companies "that don't attract hot money and don't have exciting managers".
The most blue-blooded houses are scrambling to buy retail brokers, forge links with mutual fund groups or manage 401(k) plans for middle-income investors.
Money-market mutual funds let small investors open what amounted to high-yield savings accounts with mutual fund companies rather than banks.
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Ireland is popular with mutual funds and tax-planning companies.
We don't see it as competing with mutual funds.
Better yet, he said, stick with mutual funds.
One study, for example, compared public pension funds with mutual funds using similar investment strategies.
She actually did O.K. with mutual funds, but was less shrewd with stocks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com