Reuters recently reported that the average Wall Street bonus rose by 17% last year.
Even more staggering were profits for broker-dealer operations for NYSE member firms, which soared 42% to an eight-year high of $24.5 billion.
While some of that profit was earned in public offerings and M&A work, a lot of it was from plain old money management fees.
In other words, your hard-earned money. They're paying themselves millions of dollars in bonuses… handing you returns that don't even beat the market.
And instead of funding their private jets or lobster dinners, you could be saving your money and juicing your returns simply by digging deep into one type of filing that's helped me outperform the markets for years…
About the Author