Expats who live in Dubai can build low cost portfolios of index funds.
They could do it on their own, or they could hire a highly ethical and professional firm to build the portfolio for them. Below, you can see a list of DIY brokerages and advisors. Some of the advisory groups provide more thorough service than others. Some might insist that you conference with them at least once a quarter.
However, they all build portfolios of low cost index funds.
Conveniently, one of the advisory firms is located in Dubai: AES International.
DIY (DO-IT-YOURSELF) INVESTORS
|
Firm |
Annual Brokerage Fee |
Commission Fee Per Trade |
|
All nationalities. But see possible U.S. estate tax question for non-American investors. |
$0 |
1 cent per share Minimum $1 per trade (likely the cheapest in the world) |
|
(no Americans) |
95 Euros per year |
14.95 Euros *Differs based on markets and amounts invested
|
|
(no Americans) |
0.12% |
Similar to above |
Index Fund Investment Advisors / Firms For Americans
|
Firm |
Annual Portfolio Management Fee |
Minimum Required |
|
0.9% (for accounts below $500,000) |
$100,000 |
|
|
0.3% to 0.4% |
$10,000 |
|
|
1.2% |
$750,000 |
|
|
0.4% to 0.5% |
$500,000 |
Index Fund Investment Advisors / Firms For Non-Americans
|
Firm |
Annual Portfolio Management Fee |
Minimum Required |
|
(Based in Dubai) |
1.2% |
$75,000 |
|
(Marc Ikels Consulting) |
1% |
$500,000 |
|
(for Canadians only) |
0.35% to 0.6% |
$5000 |
|
(British investors only) |
0.9% (drops after first million GBP) |
500,000 GBP |
