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%.
Posted on October 26, 2012 by Ilyce Glink and Samuel Tamkin. Typical investment management fees can range depending on the type of investment, the type of account and the type of investment manager. Q: I am 64 years old, retired, with a pension from a state government. I am considering investing a portion of my IRA funds in a managed portfolio. The proposed portfolio is 83 percent bonds and 17 percent stocks. The management fee is 1.1 percent.