What's different?  No commissions or asset-based advisory fees = wholesale pricing.

Your membership includes an investment account, that gives you the ability to purchase institutional, advisor or load-waived shares of mutual funds without commissions or asset-based advisory fees. 

Institutional share classes, also referred to as "advisor" share classes, cost the investor less to own.  The internal expenses charged by the mutual fund companies are lower on the institutional/advisor shares than on A, B and C shares.

Traditionally, a retail investor has had to pay an asset based "wrap" fee in order to access institutional/advisor share classes of mutual funds.  This fee averages 1.00 - 2.00% of your account value annually, depending on the advisor. 

THE MOST IMPORTANT DIFFERENCE RELATING TO FEES IS:  We do not charge an asset based fee or commission.  Ever.

At InvestForLess, we do not charge commissions or "wrap" fees, and simply pass the savings on to you.

For specific examples of mutual fund fees and their differences click here.