Personal Investment Guide

I know that they charge 2 percent of assets as a management fee, and that they get 20 percent of profits. Usually some cases are different but how do they get the 20. They don't close out all their positions at the end of the year, so what do they do to figure it out?

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I was wondering if there is a list anywhere of mutual funds, where the mutual fund advisor has a significant stake in the mutual fund that they advise?
Often the 'investment advisors / fund manager' to a mutual fund have zero risk, they advise, and get a management fee as a % of net assets, irrespective [...]

What typically are management fees (both management and incentive fees) for pooled investment vehicles, such as private equity pools and limited partnerships? I read in Wikipedia the "2 and 20" rule, with 2% management fee on total assets and 20% of total return, for both the Hedge Fund and the Venture Capital definition. [...]

What tends to be the industry standard asset-management fee?
Also, I'm struggling with the ethics of the services I'm offering. It seems that a person could walk into any old Edward Jones branch office to get the same advice for substantially smaller fees. Am I correct?
Thank you in advance. Your answers have [...]