Jeri Hurd is a school librarian at the Western Academy of Beijing.
Last year, she wanted to invest some money. Her school introduced her to a European based investment company, The Alexander Beard Group.
But after sitting down with one of their advisors, she wondered if the fees were too high. Foreign investment firms cost a lot more than they do in the United States.
Investors with Alexander Beard pay a $500 start up fee.
Investors then pay a 5 percent sales commission. This means for every $1000 invested, you lose $50 right away.
Investors pay an additional 1.5 percent of their portfolio’s value each year.