How AES International (in Dubai) Will Build You A Portfolio Of Index Funds
I get it!
Most investors don’t want to invest their own money. They would much rather leave the task to somebody else. If it’s the right kind of firm, that could make sense.
If you’re a non-American, I recommend just five firms. Why? They build low cost portfolios of index funds. They’re backed by evidence, not commission hungry rhetoric.
INDEX FUND INVESTMENT ADVISORS / FIRMS FOR NON-AMERICANS
|
Firm |
Annual Portfolio Management Fee |
Minimum Required |
Contact Information |
|
AES International |
1.25% |
£500,000 |
+971 (0) 4559 4900 hello@aesinternational.com |
|
(Mark Ikels: Singapore) |
1% |
$500,000 |
+65-8200-5507 marc@marcikels.com |
|
Creveling & Creveling |
1.2% |
$750,000 |
+66-2-661-2716 |
|
WealthBar |
0.35% to 0.6% |
$5000 |
1-888-373-7674 info@wealthbar.com |
|
Satis Asset Management |
0.9% (drops after first million GBP) |
500,000 GBP |
+44 (0)20-3272-0120 info@satisuk.com |
The firm I want to focus on is AES International.
To date, they are the only fair investment firm that’s based in the Middle East. Their current account minimum size is £500,000.
The firm's CEO, Sam Instone, was the leading expert who was profiled in the BBC Panorama documentary, Who Took My Pension?
He blew the top off the massive fees that are charged by most British pensions. Too many, he says, aren’t properly regulated. Unfortunately, these are the most common platforms that expats buy. Instead, they should invest in a diversified portfolio of index funds.
AES International charges 1.25 percent to have such an account built and managed.
If we add the hidden costs of the portfolios’ ETFs (known as tracker funds or index funds) the total annual costs come to less than 1.4 percent.
Most non-American expats pay three times as much. What’s more, most can’t sell before a predetermined date.
If you’re looking for an investment firm, I strongly recommend AES International.
Whether you live in the Middle East, Europe or SouthEast Asia, you could use such a firm.
I’ve waited a long time for such a group to emerge. Expat investors have waited even longer.