Have been looking at 2020directinvest with eWrap option, and tossing it up against buying funds through etrade (Ausmaq) Now i know that through etrade/ausmaq the funds are held in trust and i would not be able to inspecie transfer and possibly forgoe a few other benefits, but factoring in MER's and bulk rebates and stuff, which service would be generally cheaper for managed funds? Etrade - ongoing portfolio admin fee of 0.66%, 2020direct Personal Choice eWrap (asgard) 0.86% admin fee on first 100k, 0.64% next 150k. MER rebates equal on both? 0.2% difference is peanuts if one is a much better platform/service provider. Any thoughts? what do you guys use? am i missing anything in my comparison?