PEOPLE OVERVIEW. The 2016 Redwood City, California, population is 85,288. There are 4,385 people per square mile (population density).
In addition to paying the portfolio manager's salary, the management fee covers the cost of the investment manager's staff, research, technical equipment, computers, and travel expenses to send analysts to meet corporate management. While fees vary, the average equity mutual fund management fee is about 1.40%.
Vanguard offers mutual fund investment choices. When applicable, the broker will charge $35 USD in network for transactions involving mutual funds. This is a fairly high fee when compared to similar options from other brokers.