Sentences with phrase «expensive the product brokers»

Typically, the more expensive the product brokers sell, the higher their compensation.

Not exact matches

Mercer Bullard, president and founder, Fund Democracy, said: «Brokers are supposed to work for their clients, but when recommending a generic product such as an index fund, they refer their clients to more expensive funds and then collect sales charges to boot.

«Bad» brokers might want to sell you a more expensive product since they are rewarded based on the compensation they get from an insurer for each product sold.

Again, data standards also enable brokers to offer a well - integrated suite of best - of - breed products, where data of many types flows between those products, creating efficiency for users, and where it's less expensive to integrate a new product and remove one that's underperforming.