Fitz Partners: Investment advisory fees drop 13% in two years

Gross management fees down 20% since 2015

Investment advisory fees have dropped by 13% in the last two years, research from independent fund research company Fitz Partners has found.

In the latest edition of its Investments Advisory Fee Benchmarking report, Fitz Partners found the average investment advisory fee has fallen by 9% in the last 12 months - from 0.393% to 0.358%. FCA weighs platform exit fee ban Meanwhile gross management fees, including distribution fees, have come down by 19.4% since 2015. Fitz Partners said in the last few years, it saw management fee levels decreasing while investment advisory fees increased. That was until last year, when a downward trend began in the overall level of investment advisory fees. When looking at equity funds ac...