The results of my research up till now:
Meesman 0,3%-0,6% (bonds, both global 0,6% and European 0,3%) 0,5% (stocks, both global and European) 0,65% (emerging market stocks) per year, only deals with Vanguard and follows the MSCI-index. Oh, and the membership fee is €25 a year. Super cheap and super easy, you allow them to automatically withdraw a certain amount every month. Downside is that they only offer 5 Vanguard funds (they recently added one, so there’s hope for more!). They’re trading in euros, so the whole dollar/euro-thing is off the table. They reinvest automatically for you so you only need to work on your asset allocation once a year. This is the broker I’ve been with for almost two years now and I am very satisfied with their level of service. Whenever I phone them or send them an email I feel I am taken seriously although I hardly know anything about investing. Also: Mr. Meesman himself answers the phone and the emails. Small broker, has about 40 million euros in its care and doesn’t waste any money on fancy business things like expensive buildings, advertisements (they don’t advertise, spread the word people), expensive furniture and what not. I hereby declare Meesman THE Mustachian Dutch Broker! His business partner wrote the first Dutch book about index investing. Cool guys!
AND (It’s still a maybe)
SNS Fundcoach €59 membership fee per year, 0,29% depository fees per year for Vanguard funds traded in euros, up to 0,5% depository fees per year for Vanguard funds traded in dollars, Vanguard transaction fees 0,5%, in case the funds are not sold in euros 0,15% will be added to these fees totaling 0,65%. This is the DIY version. I am going to shoot Mr. Collins an email some time next week and present the different options I have with this company and compare that with Meesman. Meesman still sounds like the better deal.
One of my favourite Dutch PF bloggers also recommends Meesman and SNS Fundcoach. The article states that Vanguard set TER for the Dutch at 0,5%. So it is up to the broker how much they charge in extra fees.
THE DARK HORSE IN THE RACE:
Rabobank…still waiting for your phone call, ’cause I can’t grasp your tariff Sudoku. Vanguard told me Rabobank is the biggest broker for their products in The Netherlands. However, your fees do not look very promising…
Binck €6,50 + 0,1% (min. €10 max. €150) per transaction, no other fees, offers lots of Vanguard funds (ETFs). However, this is only interesting if you’re throwing in a lot of money in one go.
Index People 0,5% per year excluding tax and depository fees (0,16%), not the Vanguard funds I’m after. This is a no for me.
Ohpen 0,5% per year PLUS 0,5% transaction fees. That’s TOO expensive!
Brand New Day 0,5% per year PLUS 0,59% depository fees. Argh!
Alex €7,50 per transaction + 0,15%, more expensive than Binck, so you’re dismissed!
MoneYou only follows the AEX and uses a weird system. No thanks.
THE ABSOLUTE LOSER:
Saxobank will cost €12 +0,1% per transaction, yikes!