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%.
Fees for a hedge fund administrator can range from $500 to $3,000 per month. Establishing an incubator fund will allow you to develop a track record without incurring the costs for a third-party fund administrator.