Third-Party Distributor

Third-Party Distributor

A company that sells mutual funds on behalf of the investment company managing the funds. A third-party distributor receives a portion of the loads (or sales fees) that the mutual funds charge shareholders. This system can be beneficial if an investment company lacks the knowledge or resources to market funds directly.
References in periodicals archive ?
The latter signed a seven-year, full-content agreement with Sabre Travel Network to make all published fares and inventory available to Sabre subscribers, including published fares that the airline sells through any third-party distributor and through its reservation offices and website.
Once a third-party distributor enrolled a customer, the distributor did not provide any additional services to the taxpayer as to that customer.
The IRS ruled in Letter Ruling (TAM) 9813001 that, when a telecommunications company pays one-time commissions to third-party distributors for acquiring new cellular service customers, the commissions must be capitalized under Sec.
ATL Logistics is a national third-party distributor, providing warehousing and administrative services, including domestic and international retail distribution, eCommerce solutions and direct-to-consumer distribution for infomercial, catalog and television shopping channel sales.
In addition, the two companies have entered into a long-term strategic alliance under which McKesson will become the sole third-party distributor for all Parata products in North America and become a significant minority investor in Parata.
com(TM) and Intelliscope(TM), as well as through third-party distributors.
This is especially true when dealing with brokerage houses, mutual-fund companies and other third-party distributors who demand custom services (and incentives) in return for access to their distribution network.
Today the Insurance Marketplace Standards Association (IMSA) announced a new Clearinghouse System to serve as the one-stop solution for life insurance companies to obtain certifications of supervision of annuity suitability from third-party distributors as required under the NAIC Suitability in Annuity Transactions Model Regulation.
Customers include orthopedic, podiatric and spine surgeons, orthotic and prosthetic centers, third-party distributors, hospitals, surgery centers, physical therapists, athletic trainers, other healthcare professionals and individual and team athletes.
Solarfun sells its products both through third-party distributors and directly to system integrators.
To date, Singer maintains a strong international presence, with manufacturing facilities in Brazil and China, 10 overseas marketing operations and a network of third-party distributors selling product in more than 190 countries.
MSC is headquartered in Houston, Texas, and provides structural carbon steel products to commercial and industrial steel fabricators, metal building manufacturers, third-party distributors and other customers.