ACCOUNT
WEB SITE          MINIMUM       FEE             COMMENTS

managerlink.com   $100,000   2% to 1.55%     Different fee for each of
                                             15 money managers. Dis-
                                             tribution is primarily
                                             through financial plan-
                                             ners and accountants.
                                             Very focused on tax
                                             planning.

mymoneypro.com    50,000     2% to 1.15%     Fees also vary by money
                                             manager. The managers are
                                             prescreened by their
                                             three- and five-year
                                             risk-adjusted returns.

runmoney.com      100,000    1.75% to 1.10%  Declines from 1.75% after
                                             $250,000. Has 120 money
                                             managers from Lockwood
                                             Financial Services. Man-
                                             agers e-mail clients
                                             about portfolio changes.

wrapmanager.com   100,000    1.25%           Flat fee for all accounts
                                             under $2.5 million. Hosts
                                             online chats with any of
                                             53 money managers.


DATA: CERULLI ASSOCIATES, WEB SITES