Another Good Week for Fees

A roundup of what the investment industry did not want you to know this week.
Double the pleasure. Double the fee!
Some wealth advisers take a fee for client fund assets
At least three wealth management firms that market themselves as objective financial advisers are getting payments for investing their clients’ money in certain mutual funds, a practice that even some of these firms say could create conflicts of interest. . . . But Fidelity Investments and Charles Schwab Corp are paying these financial advisers as much as 0.25 percent of the assets that their clients put into no-transaction-fee mutual funds.
Repackage unwanted mutual funds.
Eaton Vance files to start active ETFs using new model
The funds would mirror existing Eaton Vance mutual funds and the firm seeks to license the model to other fund providers, according to the statement.
Nothing like a fund-of-funds to double the fees.
Goldman to launch new MLP fund amid yield search
The Goldman Sachs MLP Energy Infrastructure Fund will invest in publicly traded MLPs engaged in midstream energy operations such as storage, gathering and processing, transportation, terminals and pipeline management.