Fee-Based Investment

Fee-Based Investment

A fund or portfolio where the money manager is paid a percentage of the fund or portfolio's market value rather than commissions based on the number of transactions conducted. Fee-based investment is thought to better align the incentives of investors and money managers; specifically, money managers have a reason to provide increased value for the investment. Fee-based investment also reduces the temptation to overtrade simply to extract higher commissions.
References in periodicals archive ?
Trump administration DOL officials might slow or reverse the push toward fee-based compensation, but some life insurance agents and other financial professionals have been moving toward fee-based arrangements on their own, to compete fee-based investment planners and to seek a steadier revenue base.
B Riley Asset Management is a fee-based investment adviser registered with the Securities and Exchange Commission.
Portfolio Strategies--Managed represents the next step in our evolution of fee-based investment advisory offerings to clients, building upon a solid foundation of separately managed accounts and multi-discipline account solutions that we provide today," said Dan McNamara, an executive in the bank's investment products group.
To accept commissions on the sale of investments you must be licensed with the National Association of Securities Dealers; to operate as a fee-based investment adviser you must be registered with the Securities and Exchange Commission.
The company, which offers a fee-based investment management service, manages pounds 3.
Also driving the licensing trend is the shift towards fee-based investment advisory work and away from commission or transaction-based compensation.
ASA (800-556-9151) is wholesaling the fee-based investment program through affiliate brokers and financial planners.
org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services.
Advocating a diversified, conservative, long-term approach that minimizes the use of mutual funds, the company relies on private money managers to help CPAs create asset allocation and fee-based investment plans for clients.
Fee-based investments are made in institutional asset class funds in a selection of asset classes.
org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services.
We are very pleased to be working with iCapital, which provides high-touch and comprehensive, fee-based Investment management and consulting services to qualified retirement plans," said Bill Haynes, President, BackBay Communications.