Research

Protected: U.S. Debt Ceiling – The Budget Impasse

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There is no excerpt because this is a protected post.

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Reasonable Contract or Agreement Under Section 408(b)(2) – Fee Disclosure

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FEE DISCLOSURE Reasonable Contract or Agreement Under Section 408(b)(2) – Fee Disclosure A Brief Synopsis: July 23, 2010 Current Status: Passed on 7/15/2010 Affects : 1.) Fiduciary or Registered Investment Advisors 2.) Brokers and record keepers (and others) 3.) Plan Sponsors Disclosures Required: 1.) To be in writing 2.) Description of services provided and all …

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Revenue Sharing Arrangements

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Revenue Sharing Arrangements

(aka “Payment for Shelf Space”)

This is a common practice amongst brokerage firms where mutual fund companies that pay the brokerage firm get preference in their sales efforts.

Some brokerage firms will continue to offer the funds of non-paying mutual fund families- but will not allow the mutual fund wholesalers to interact with their staff. Some brokerage firms will simply not give non-paying mutual fund companies training materials to their brokers. In essence, this “payment for shelf space” is a payment that the funds must pay for the brokerage firms to push their product, which is eventually

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