No load doesn’t necessarily mean no fees. Mutual fund companies are not benevolent organizations. They have managers that have to get paid, and they get paid by the shareholders, and oftentimes funds report their performance before those fees and expenses are figured in, but that’s a whole different commercial.

Most funds have multiple share classes with different fee and commission schedules, and the same fund might have different expense and commission arrangements with every brokerage platform on which they’re available. There are ways to find out, but they’re not easy to find, and that’s intentional. Do you think an advisor who’s charging you 1% a year to manage your money wants you to find out he also got a commission when you bought the fund, and that you’re paying the fund company 2% a year to manage your money? Would you?

Crow Financial is different. We do use funds, especially in smaller accounts where diversification is impossible, but we always look for funds we can buy and sell for no commission and we shop for those with the lowest fees and expenses that provide the best performance over time. Don’t feel bad if this is confusing. Call us. Set up an appointment and bring in your account statements. The conversation is free and there is no obligation to purchase or change anything unless you decide a customized, Crow Financial portfolio is right for you. Then, we make the transition process as painless as possible.