This study investigates how holding and transaction costs can affect the cost calculus of commission-free ETFs and provides a recommendation on how to minimize costs.
Philip M. Goldfeder, PhD
, is a Faculty Consultant in the Masters of Science in Predictive Analytics program at Northwestern University, where he also earned a PhD in Applied Mathematics. His prior work was as a management consultant with Booz & Company (formerly Booz Allen and Hamilton), specializing in mergers and acquisitions. He has been published in Journal of Phys. Chemistry B, Mathematical Problems in Engineering, and Journal of Engineering Mathematics, as well as several chapters in the Macmillan Science Library.