How Lean is Lean? Check Out these Results

The good news for all investors is that the cost of investing continues to go down.

Between 2018 and 2017, Morningstar reported a 6% decline in the average expense ratio of mutual funds and ETFs. That study found the asset weighted average expense ratio was .48%.

The great news for Janiczek Wealth Management clients is that our efforts to lever our size, lever our knowledge, and negotiate on behalf of our clients has resulted in an average weighted average expense ratio of our clients below .28%. That’s 40% lower than what Morningstar reported in their study!

How do we do it? A combination of efforts:

Investing in a select combination of index ETFs, the leanest investment vehicles on the planet helps.
Investing in factor indexing funds and ETFs helps to, it’s a lean way to get smart beta exposure.
Negotiating with Separate Account Managers (SMAs), leveraging our size help.
Investing in Institutional Class Shares, which we easily qualify for at our size, helps too.
Investing with open architecture (no limits or biases) across the investment spectrum allows us to allow competition to be in the favor of us and our clients.