It would like to receive feedback on the
custodial fee and TAMP exclusions from sales-related compensation as written, as well as on several other items.
Given that Amihud and Goyenko (2013) find that R2 is related to fund characteristics, we examine the existence of differences between management strategies adopted by management companies and insurance companies, controlling for age of the plan, size of the plan, investment by participant, management fee and
custodial fee.
For example, he says, one ETF fund group has an agreement with a provider to make its fund family available to 401(k) plan participants, but the provider adds a
custodial fee for having the ETFs on its platform.
Lord, Abbett said it was moving to help advisors grow their business by waiving the annual
custodial fee for every new Lord Abbett Ira account opened between January 1 and April 15, 2010.
The rate charged is prime or Libor plus a negotiated margin as well as a per transaction fee from a company like Titan to cover administrative and other related expenses, including the wire fee, overnight deliveries and the
custodial fee.
Most banks and brokerage firms permit customers to pay the
custodial fee separately rather than have it deducted from the account.
Many funds also charge a yearly
custodial fee to cover the administrative costs of handling an individual retirement account.
The technological integration between BenefitStreet and Reliance will help plans enjoy extremely competitive recordkeeping and
custodial fee rates.
ESP's ability to combine multiple trading venues in same name trades at different destinations into a consolidated counterparty ticket will result in
custodial fee savings for asset managers," said Manny Santayana, Managing Director and Head of Credit Suisse's AES Sales Group.
A $10
custodial fee on IRA (including SEP-IRA) accounts with a balance below $5,000.
Generally, the monthly
custodial fee is covered by employers.
STC had a compensation arrangement with the hedge funds that included a
custodial fee as large as 1% (STC charged most of its TPA clients a
custodial fee of just .
