Sentences with phrase «than the client fee»

Not exact matches

I explained that the massive fees levied by a variety of «helpers» would leave their clients - again in aggregate - worse off than if the amateurs simply invested in an unmanaged low - cost index fund,» he recapped, writing in Berkshire's annual shareholder letter.

Wealthfront Inc., one of the biggest with more than $ 800 million in client assets, doesn't charge an advisory fee on the first $ 10,000 of assets under management.

Vanguard plans a big push among fee - only financial advisers, who charge clients a percentage of the assets being managed rather than relying upon commissions.

The higher - than - average annual fees SAC charges clients — as much as 3 percent of assets and 50 percent of profits — cover the expenses of running his hedge funds, including employee compensation, and generate profits for Cohen as the principal owner.

This would mean brokers could take undisclosed kickbacks to push certain products, and place their interests ahead of their customers — recommending mutual funds and other products that earned them the highest fees, rather than served the interests of clients.

We'd rather charge less in fees than spend our clients» money on gifts to our clients that they wouldn't have bought for themselves.

Summing up the numbers, client equity growth and prevailing interest rates are much more essential than trading fees for U.S. brokers from a net income perspective.

His thought was that the active managers who collect massive fees would leave their clients «worse off» than the amateurs who simply invested in unmanaged low - cost index funds.

Actually the number of True Fans needed for a coach to prosper is probably much less than 1000, because coaching clients pay a pretty high fee to work one - on - one with their coach.

«I doubled my coaching fees and signed more clients in one month working with Marc than I had in the previous six months!»

Most of these robo advisors charge less than 1 %, with some south of.20 %, versus the standard investment advisor fee range of 1 - 3 % on a client's portfolio.

By allowing advisors to receive commissions and economic benefits other than client advisory fees, we believe there are inherent conflicts that exists.

For many advisors this means that the value they deliver is worth more than the fee they charge their clients.

More troubling than USADA's fee structure are the accommodations that it seems to have made for clients who either pay more for its services or use USADA on a regular basis.

The agent has said repeatedly that having his clients sign directly with European clubs keeps the costs for those clubs lower than if transfer and compensation fees are added on.

The scheme provided SILVER with two different streams of unlawful income: (i) approximately $ 700,000 in kickbacks SILVER received by steering two real estate developers with business before the state legislature to a law firm with which he was associated, and (ii) more than $ 3 million in asbestos client referral fees SILVER received by, among other official acts, awarding $ 500,000 in state grants to a university research center of a physician who referred patients made ill by asbestos to SILVER at Weitz & Luxenberg.

Silver received more than $ 3 million in referral fees for asbestos clients sent to his law firm, Weitz & Luxenburg, by a doctor, in exchange for state funding for research and other perks, the complaint alleges.

Authorities said more than $ 3 million of that was obtained in «asbestos client referral fees Silver received by, among other official acts, awarding $ 500,000 in state grants to a university research center of a physician who referred patients made ill by asbestos to Silver at Weitz & Luxenberg.»

Silver allegedly received millions of dollars in referral fees from Weitz & Luxenberg, and was credited with referring more than 100 clients, many of whom were referred for asbestos cases, according to the complaint.

More than 100 years later, attorneys for another powerful Manhattan politician, Assembly Speaker Sheldon Silver, argued that his client's reaping millions of dollars in legal fees from entities with matters before state government was simply business as usual in Albany.

Ms. Baxter, whose fees start at $ 130, insists that clients who go out with a pro have better odds of success than those who troll with an untrained male buddy.

The BRZ Premium starts at $ 26,315 including the $ 820 destination and delivery fee (which is $ 100 more than the 2016 BRZ Premium), while the BRZ Limited will require $ 28,465 (with the same $ 820 fee), but clients can throw the Performance Package into the mix for an additional $ 1,195 honorarium.

For riskier loans like those for clients with no income or seeking second mortgages, the fees are usually higher than those for bank loans are.

I can't think of another industry in which there is so much ignorance around costs.Nearly all financial fees are deducted from assets automatically, rather than clients receiving and paying an invoice.

At RBC Direct Investing, however, trading to avoid the maintenance fee is actually more expensive than paying the maintenance fee because clients have to trade at least 3 times per quarter to qualify for an exemption.

Clients who got more money, net of fees, from putting a given amount into a GMWB than investing it otherwise; specifically due to the RRIF - matching part of the contract

If the client's combined assets across all accounts are less than $ 15,000, a total fee of $ 25 per quarter split across all accounts with apply.

Fred Kirby is a fee - for - service financial planner who writes an investment and retirement planning newsletter from the outskirts of Armstrong, B.C. Alan Fustey is a portfolio manager at Index Wealth Management in Winnipeg, and has been using ETFs with clients for more than a decade.

The wrap fee is calculated as a percentage of net assets in the clients account rather than on transactions.

We'd rather charge less in fees than spend our clients» money on gifts to our clients that they wouldn't have bought for themselves.

As far as charging your clients for this service, we believe that if you go the extra mile for your clients, you will receive back more rewards (by way of closed loans, goodwill and word of mouth) than any small fee you might charge for printing and sending a few letters.

Many advisory teams in Canada generate more than $ 1 million in commissions or from asset - based fees from clients.

Besides our lower than average AUM fee, our «active» style can also be a benefit to our clients.

Annual administrative fees and exemptions are based on all accounts held by a client under the same account root (i.e. all accounts where the first six characters are identical), rather than on each individual account.

Also, clients who have RSP accounts and less than $ 25,000 in aggregate across all iTrade accounts and who place less than 12 commission generating trades per year are subject to annual fee of $ 100.

Morningstar concludes that, conceptually, «clean share classes would simply charge clients for managing their money (and other associated expenses) without indirect payments — fees charged to investors by the fund company that they in turn send to an affiliate or third party for services other than managing a portfolio of stocks or bonds.»

Jason Heath, of Toronto - based fee - only planners Objective Financial Partners, leans to advising clients to defer CPP / OAS to 70 for those whose life expectancy is average or longer than average.

When an agent quotes a home inspector's fee to a client, they are potentially setting the client up to pay more or less than what the inspector expects to receive.

We are always available to talk with clients and, not - so - incidentally, we charge lower fees than the vast majority of our competitors.

Interestingly, Nationwide Asset Services was also required to report on 180 of their clients who actually did complete their plans, yet paid more in settlements and fees than they owed before they even started the plan.

Although it may sound so much better than adding thousands in closing fees to your principal balance, you have to analyze each individual loan and client situation to determine the benefits.

This, they do by charging higher interest rates than banks and leaving fees associated with the mortgage to the clients.

Clients who invest more than $ 500,000 with Steadyhand receive a whopping 40 % discount on fees.

«Less than 10 % of my clients think leaving an estate is their biggest goal,» says David Martin, a fee - for - service adviser at the Halifax office of Toronto - based Weigh House Investor Services (formerly Second Opinion Investor Services).

The complaint alleges that Calamos extracted higher investment advisory fees from the Growth Fund than from «third - party, arm's length institutional clients,» even though advisory services were «similar» and «in some cases effectively identical.»

More than three - quarters (77 %) of the 69 consultants surveyed said target - date fund reviews are the top priority over the next year for their plan sponsors clients, closely followed by an evaluation of investment fees (73 %).

I understand this viewpoint — but in reality, many commission - based advisors try to move their clients into new products every few years, thus generating more commissions, and in many cases costing more than a fee - only advisor who charges a percentage of assets.

So often times that client is going to opt for bankruptcy because typically they're low income and they're not able to pay much more than just what a minimum fee bankruptcy would cost which is usually about $ 200 a month over a period of nine months but the odd time the consumer really wants to do a proposal, the age range is pretty dramatic.

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

The firm advertises it's likely more affordable than other firms thanks to changes in how clients are billed, so it does not «charge hefty annual advisor fees of 1 % or more.»