11-12-2016, 11:27 PM
(10-12-2016, 09:25 PM)Contrarian Wrote: Can their business sustain? POEMS, dollardex... all others now attack their platform fee grounding. On what basis will u continue with ifast if u need to pay platform fee regularly...
I was a customer who moved to POEMS several quarters after iFast implemented the platform fee. Best part was it was charged even on my significant holdings in the Cash Fund. Since this was unacceptable to me, I took my business elsewhere. I understand they have since waived platform fees to their Cash Fund since Sep 2015...