RYK VAN NIEKERK: Do you think it's important to have clients in close proximity, or rather that a client engages a prospective financial advisor close to them? Does it make a difference? .... RYK VAN NIEKERK: Can you briefly explain your fee structure.
FS Investments' value may have been more clear during the fundraising process, when it relied on an army of financial advisors to sell shares of the then-non-traded BDC. ... Admittedly, even the most thoughtful fee and incentive structures have their.
Providing a better supervising structure for those who have not isn't a bad intent. ... A recent financial advisor fee study from Bob Veres' Inside Information cited by Michael Kitces reveals that the true all-in cost averages about 1.65 percent, not.
Fee structure also plays a role ... Douglas Prince, CEO at ProCourse Fiduciary Advisors, which oversees $3 billion in DC assets for around 100 clients, says 10%-20% of his firm's fees are investment-related and 20%-30% are fiduciary-oversight-related.
According to ERISA laws 401(k) plan sponsors, while advisors, have a fiduciary duty to ensure the fee structure of their plans is “reasonable.” What exactly constitutes “reasonable” under the law is not specified. But one thing is clear.
“If you are a really lazy investor (like me), want an actively managed account, a dedicated financial advisor , and are comfortable with annual fees of slightly less than 1%, Personal Capital feels like a really safe and comfortable way to go. If you're.
Lincoln Financial Advisors poached a U.S. Bank executive for one of four new divisional head positions in what LFA's chief describes as a shift from a “generalist” to a “specialist” structure . Regulatory changes, particularly the fiduciary rule.
these advisors are fee-only advisors. To be a fee-only advisor means you cannot accept commissions from the sale of financial products. By instead charging a flat fee or a percentage of assets, the compensation structure is assumed to be more aligned.
quot;But as soon as they need some advice , or they require a decision, or some support on what to do with the family cottage, or saving for their retirement, or their children's education, that's when you need some basic financial planning, some structure.
In addition, the Company's prior term loans and junior debtor-in-possession credit facility were converted into newly issued common stock, and a term loan conversion fee and exit financing commitment fee were satisfied through the receipt of newly.
Skin in the game. Eating one's own cooking. We have come up with so many different colloquialisms to preach the idea that those that manage money or give financial advice should follow the same rules with their own money. There is something slightly.
NEW DELHI: JM Financial has been appointed as the transaction advisor to the government's over Rs 37,000 crore stake sale in HPCL to ONGC. Besides, Cyril Amarchand Mangaldas has been selected as the legal advisor for handling the stake sale. With ONGC.
“This non-dilutive financing enhances our cash position and provides us with financial flexibility to continue to execute on the launch of TRULANCE and achieve our business objectives, which we are confident will ultimately maximize long-term.