Sentences with phrase «adviser wrap fee»

It would be 20 more years before you'd spend what you'll spend in one year on a 1 percent adviser wrap fee.

Not exact matches

ML Wealth does not participate, at this time, in wrap fee programs, which are arrangements between broker - dealers, investment advisers, banks and other financial institutions and affiliated and unaffiliated investment advisers through which the clients of such firms receive discretionary investment advisory, execution, clearing and custodial services in a «bundled» form.

Advisers must deliver the wrap fee brochure to potential wrap fee clients and also offer it annually to any existing wrap fee client in lieu of the standard adviser brochure.

Wrap Program (Wrap): Program offered by an investment adviser that wraps several services together for a fee based on the size of the client's account.

Wrap Program Sponsor: A person or entity is a sponsor of a wrap fee program if he receives compensation for sponsoring, organizing, or administering the wrap fee program, selecting investment advisers in the program, or for giving advice to clients about selecting advisers in the progWrap Program Sponsor: A person or entity is a sponsor of a wrap fee program if he receives compensation for sponsoring, organizing, or administering the wrap fee program, selecting investment advisers in the program, or for giving advice to clients about selecting advisers in the progwrap fee program if he receives compensation for sponsoring, organizing, or administering the wrap fee program, selecting investment advisers in the program, or for giving advice to clients about selecting advisers in the progwrap fee program, selecting investment advisers in the program, or for giving advice to clients about selecting advisers in the program.

Many are switching from high - fee funds or wraps to low - cost index funds or ETFs, either via fee - based advisers (charging maybe 1 % of assets) or directly through discount brokerages.

I changed to a Wrap Account managed by a financial adviser and negotiated lower fees, although the fees have crept up in recent years, and are now slightly below average of a standard Retail Fund.