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Learning, Sharing, and Teaching => Investor Alley => Topic started by: BlueMR2 on November 10, 2015, 09:58:34 AM

Title: What's with Matson Money?
Post by: BlueMR2 on November 10, 2015, 09:58:34 AM
One of my advisors from way back in the day is now converted over to being with Matson.  Claiming some really good numbers and pitching less churn and less costs due to the churn losses.  Also seems like better coverage than a lot of my funds.  However, it sounds like he gets 1% right off the top, so I struggle with how that keeps costs low.  I imagine the firm gets some above and beyond that too?

Anyone do a full workup on them vs. Vanguard? (or just in general)
Title: Re: What's with Matson Money?
Post by: matchewed on November 10, 2015, 10:01:52 AM
So they're taking 1% annually? Or is that front load?

It seems that they are like all other advisors and are looking to skim your profits for their benefits with no way to guarantee better performance other than some empty claims of less churn and whatever less costs due to churn losses means.

Frankly no need to do a full workup IMO. You can pay someone 1% extra to do some work that may or may not (statistically speaking may not) perform better than an index fund.
Title: Re: What's with Matson Money?
Post by: BlueMR2 on November 10, 2015, 05:07:04 PM
So they're taking 1% annually? Or is that front load?

It seems that they are like all other advisors and are looking to skim your profits for their benefits with no way to guarantee better performance other than some empty claims of less churn and whatever less costs due to churn losses means.

Frankly no need to do a full workup IMO. You can pay someone 1% extra to do some work that may or may not (statistically speaking may not) perform better than an index fund.

Sounds like 1% annually.  Which sounds really high to me.
Title: Re: What's with Matson Money?
Post by: Heckler on November 11, 2015, 08:41:16 AM
An advisor being converted over to Matson just means they have a new job.  To make money.  From you.