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%.
Â³ We used Bettermentâs stated management fee of 0.15% for a $100,000+ account and a 0.99% management fee for advised portfolios, based on average fee provided in the PriceMetrix 2014 The State of Wealth Management 4th Annual Report. Costs may vary by provider.