Why private accounts?

Here's how Huckleberry Private Accounts stack up against the competition

Huckleberry Private Account Mutual Fund Hedge Fund Financial Advisor or Broker
Alignment

High

100% of our money is alongside yours

Varies

51% of managers invest $0 in their own mutual funds

Varies

Managers may or may not invest in their own hedge fund

Varies

Advisors rarely invest alongside clients (though some do)

Transparency

High

Real-time view of all your holdings.

Low

Quarterly statements reveal largest holdings as of 60 days ago

Very low

Hedge funds are often highly secretive about their holdings

Moderate

Quarterly or monthly statements list all holdings

Access to your money

High

Withdraw or deposit any amount at any time - free.

High

Some funds charge a fee upon selling

Low

Must lock up funds, often for years

Varies

Some advisors hold securities with penalties for selling

Fees (averages)

1.00%

Low, simple fee

1.37%

The average mutual fund also charges a 5.3% load fee.

1.60%

The average hedge funds also keeps 18% of your profits

1.25 - 2.50%

Fees depend on portfolio size

Tax efficiency

High

Only trades in your account affect your taxes.

Low

Behavior of other mutual fund investors affects your tax bill

Low

Behavior of other hedge fund investors affects your tax bill

High

Only trades in your account affect your taxes

Personalization

Yes

We accommodate your legal or moral preferences

No

No personalization

No

No personalization

Varies

Depends on advisor

Data sources