‘This Is Highway Robbery’: George Kamel Blasts Family Member’s Investment Fees

‘This Is Highway Robbery’: George Kamel Blasts Family Member’s Investment Fees

The post ‘This Is Highway Robbery’: George Kamel Blasts Family Member’s Investment Fees appeared first on 24/7 Wall St.. Quick Read A 2-and-20 fee structure refers to 2% AUM plus 20% of gains above a certain threshold. Investors who lack confidence in their own financial knowledge may turn to family members to do the investing for them. Experts say this presents a minefield of potential problems. A registered investment advisor (RIA) carries…