If you’re investing in shares, bonds, or mutual funds, you’ve a variety of choices to assist handle your portfolio—the whole lot from conventional brokerages to mutual fund firms to on-line monetary companies. However as shoppers seek for an funding firm, many pay little consideration to the charges they’re being charged, in accordance with a just-released Client Reviews survey of greater than 46,000 CR members. Penelope Wang, writing for Client Reviews:

4 out of 10 surveyed stated they weren’t certain what they paid in charges. And of those that knew the prices, solely 60 p.c rated their funding firm in our survey as Glorious or Very Good on the quantity charged.

“Hidden and complicated charges are proliferating throughout {the marketplace}, making it laborious for shoppers to know what they’re getting for his or her cash, and to comparability store throughout suppliers,” says Anna Laitin, director of monetary coverage at Shoppers Union, the advocacy division of Client Reviews.

“It’s regarding that so many traders don’t know the way a lot they’re paying in charges and that lots of those that do perceive the charges don’t seem to assume they’re getting their cash’s value,” she says.