Separately, OCIE looks to expand its focus on protecting retail investors by conducting examinations of registered investment advisers and broker-dealers associated with "
wrap fee" programs.
* The portion of the
wrap fee that's paid to the portfolio manager
Chartwell provides equity and fixed-income investment strategies to institutional and private clients and clients of
wrap fee programs through separate accounts, sub-advisory relationships and mutual funds.
Serving institutions and wealthy clients, Batman pioneered large-scale
wrap fee programs--investment plans allowing Vest affiliates to offer a fee-based alternative to charging commissions that up until then was the primary source of revenue for the financial planning industry.
Also, an advisor should be able to provide an all-inclusive
wrap fee to cover all services.
Chartwell provides equity and fixed-income investment strategies to institutional, private clients and clients of
wrap fee programs through separate accounts, sub-advisory relationships and mutual funds.
The individual managers would charge a quarterly
wrap fee, covering all administrative and management costs, based upon a percentage of the account's value.
Causeway Capital Managementprovides equity investment management services to institutional clients including corporations, pension plans, public retirement plans, sovereign wealth funds, superannuation funds, Taft-Hartley pension plans, endowments and foundations, mutual funds and other collective investment vehicles, charities, private trusts and funds,
wrap fee programs and other institutions.