advisory fee

Management Fee

A fee that an investment advisory firm charges for making investment decisions on behalf of a client. Asset management often opens up more potential investment vehicles to the client, and, theoretically, asset managers have more knowledge and experience in making appropriate investment decisions than the client. Managers charge fees for these services. Usually, the fee is a small percentage of the assets under management, but because asset management is often open only to institutional investors and high net-worth individuals, the management fee is usually a large dollar amount. It is also called an advisory fee.

advisory fee

References in periodicals archive ?
Prior to the Board's action, the Fund's investment advisory fee consisted of a "Basic Fee" at an annualized rate of 1.
30 /PRNewswire/ -- The Vanguard Group of Investment Companies has announced a series of reductions in the advisory fee schedules for 17 of the mutual fund portfolios in the Group.
Instead, the Trust will pay the Advisor an advisory fee that compensates the Advisor after shareholders receive the first 8.
This Comment recommends ways to augment mutual fund advisory fee disclosure requirements by including structured illustrations of fund performance and fees, as well as detailed discussions justifying recent changes in such fees.
Thus, to the extent the taxpayer can demonstrate that a portion of the financial advisory fee relates to services (other than inherently facilitative services) provided by the financial advisers before the bright-line date, the taxpayer can deduct that portion.
Nonetheless, anonymous sources tell the JofA that fees for fairness opinions often amount to about 25% of the advisory fee on a deal, although that may vary according to the deal's size.
This further voluntary waiver is now being extended for another year and at a greater fee reduction level so that the annual rate of the advisory fee on the first $200 million of the Fund's average weekly net assets is reduced by an additional 0.
John Hancock Classic Value Fund reduced its advisory fee rate by four basis points across all breakpoints, which investors will realize immediately.
The Court noted that there might be investment advisory fees that would be fully deductible "if an investment advisor were to impose a special, additional charge applicable only to its fiduciary accounts" or that a trust might have an unusual investment objective or require special balancing of the beneficiaries' interests, in which case the incremental advisory fee, beyond what would have been charged to an individual, might be fully deductible.
In 2008, for example, Olympus paid a $687 million advisory fee on its $2.
together, the "Julius Baer Funds") announced to shareholders a clarification of the description included in the Proxy Statement dated March 10, 2008 ("Proxy Statement") with respect to the frequency of investment advisory fee payments.
the Fund") is revising the previously reported net asset values ("NAVs") for the Fund from June 30, 2004 thru July 15, 2004 to reflect the current estimate of the Fund's performance-based investment advisory fee.

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