fee-based compensation

fee-based compensation
Payment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan. When the plan is implemented, the adviser may also receive commission on some or all of the investment products purchased, which would be fee-and-commission compensation. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Fee-Based Investment — An investment account in which the advisor s compensation is based on a set percentage of the client s assets instead of on commissions. Contrast this to commission based investment, in which the advisor makes money based on the amount of trades… …   Investment dictionary

  • fee-and-commission compensation — See: fee based compensation …   Financial and business terms

  • Fee-Only financial advisor — Fee Only financial advisors in the USA, as defined by the review materials for the Certified Financial Planner exam and the National Association of Personal Financial Advisors, are compensated solely by the client, typically achieved through a… …   Wikipedia

  • Fee — For other uses see Fee (disambiguation) A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in Great Britain received a fee in contradistinction to a… …   Wikipedia

  • fee — A charge fixed by law for services of public officers or for use of a privilege under control of government. Fort Smith Gas Co. v. Wiseman, 189 Ark. 675, 74 S.W.2d 789, 790. A recompense for an official or professional service or a charge or… …   Black's law dictionary

  • fee — A charge fixed by law for services of public officers or for use of a privilege under control of government. Fort Smith Gas Co. v. Wiseman, 189 Ark. 675, 74 S.W.2d 789, 790. A recompense for an official or professional service or a charge or… …   Black's law dictionary

  • Compensation —   A technique used in automatic fee calculation for calculating fees based upon balances in multiple accounts of the same customer. In this way a positive balance in one account can be used to compensate for a negative balance in another. The… …   International financial encyclopaedia

  • Contingent fee — A contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is only payable if there is a favourable result. In the law is defined as [a] fee charged for a lawyer s services… …   Wikipedia

  • Workers' compensation — (colloquially known as workers comp in North America or compo in Australia) a form of insurance that provides compensation medical care for employees who are injured in the course of employment, in exchange for mandatory relinquishment of the… …   Wikipedia

  • California Victim Compensation and Government Claims Board — The three member Victim Compensation and Government Claims Board (VCGCB) is a state agency of the U.S. state of California that oversees the provision of compensation to victims of violent crime, the resolution of claims against state agencies,… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”