Sentences with phrase «advisors on a commission basis»

Not exact matches

«I rely on one or more investment advisors who are compensated, at least in part, based upon sales commissions.»

The issue is so pressing in the wake of WannaCry that on May 17 the Securities and Exchange Commission issued a cybersecurity alert for broker - dealers, financial advisors and investment funds that stressed both the importance of undertaking penetration tests and vulnerability scans on critical systems and the necessity of upgrading systems on a timely basis.

Ask your investment advisor or broker to explain their exact professional status, and to detail whether he or she earns a direct commission on any specific stock, bond or fund that winds up in your portfolio based on their advice.

When all is said and done, it seems that firms are recognizing that the best interest contract exemption is the way forward for advisors who wish to continue selling financial products on a commission basis — and that now is the time for preparing for compliance in advance of the applicability date.

The new single - premium deferred index linked variable annuity is being offered on a commission and fee basis, which will appeal to both independent broker - dealers and registered investment advisors, the company said.

Historically, advisors have been compensated for the sale of variable annuity products on a commission basis, which is believed to motivate advisors to recommend products because of their high commission value, rather than because they are in the client's best interests.

Commission - based advisors, on the other hand, should tell you how they will be paid based on the funds they're investing your money in.

For starters, MFDA advisors who want to sell ETFs would have to move to a fee - based model rather than working on commission.

They grew so large because most Canadians prefer to work with commission - based salespeople rather than investing on their own or paying a transparent fee to an unbiased advisor.

The advisors he recommends are commissioned salespeople, rather than investment advisors who charge a fee based on the value of your portfolio.

Our insurance advisors are compensated based on service and exceeding your expectations, not sales commissions.

Most advisors in the study are paid on commission based on the fees and volumes that they generate.

Based on the firm Meg works for (which shall remain anonymous) it's a safe bet that she is a commission - based financial advBased on the firm Meg works for (which shall remain anonymous) it's a safe bet that she is a commission - based financial advbased financial advisor.

Working on a fee basis is generally fairer for both the client and advisor than getting paid via commissions.

The report, commissioned by kCura and completed by Ari Kaplan Advisors, was based on both quantitative and qualitative research stemming from interviews with 25 senior partners from the Am Law 200.

If you're considering a policy like this, a fee - only financial advisor — one who doesn't earn commissions based on policy sales — can help you sort it out.

Commission - based advisors are just that — paid on cCommission - based advisors are just that — paid on commissioncommission.

Our insurance advisors are compensated based on service and exceeding your expectations, not sales commissions.

Most advisors and life insurance agents are interested in earning the highest possible commission from the sale of life insurance because it is not a product that people purchase on a regular basis, so they may not have any additional revenues from you in the future.

Springer Financial Advisors is a fee - based Registered Investment Advisor which means we do not charge commissions for transactions or loads on mutual funds.

Have you considered going on your own as a commission based advisor / CFP?

She also serves on the Board of Advisors for CommissionTrac, an Atlanta based company who delivers cloud - computing solutions for CRE commission tracking.