About the Hidden Fees in Mutual Funds

On October 23, 2018

As the founder of Sumnicht & Associates, LLC, a family wealth management and institutional investment consulting business, in 1988, Vern Sumnicht began using index-based exchange-traded funds (ETFs) to allocate his clients’ investment portfolios–a strategy that helped to cut clients’ costs and improved performance in 2005. In 2008, the success and recognition of these ETF-based allocation strategies led to the founding of iSectors®, LLC.

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