Benefits of consolidating investments onto fewer platforms

In the intricate world of wealth management, the strategic consolidation of investments onto fewer platforms can offer substantial benefits, particularly for high-net-worth families and individuals.

- Jonathan Theunissen

Streamlining your investment holdings not only simplifies your financial life but also enhances cost efficiency and administrative convenience.

Here are the key advantages of consolidating: Lower fees through sliding scale administration charges One of the most significant advantages of consolidating investments is the potential for lower administrative fees. Investment platforms often charge fees on a sliding scale based on the total value of assets managed. By pooling your investments onto fewer platforms, you can achieve higher aggregate asset values, which typically qualify for lower percentage fees. This reduction in administrative costs can translate into significant savings over time, enhancing the overall returns on your investments.