Sentences with phrase «ongoing percentage of assets»

The Fund has no sales load (a charge for purchasing the fund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholders).

Not exact matches

Pursuant to such programs, FI is obligated to pay the custodian an ongoing fee, usually as a percentage of the fees billed to the account or a percentage of the assets in the account, with a one - time fee generally payable in the event the account is transferred away from such custodian.

So, for example, if you want help for a specific issue — say, deciding where to invest an IRA rollover or deciding when to take Social Security — as opposed to ongoing advice, you could always hire a financial planner willing to work for a flat fee or on an hourly basis rather than paying a percentage of assets each year.