
- April30 2003
- Volume 10
- Issue 8
FEE-BASED FINANCES
Investment News
Result:
Brokers who get their incomefrom commissions on transactionsthey execute are losing ground to fee-basedbrokers who charge based onthe time spent on a client's account,or on the amount of assets in theclient's portfolio, according to arecent report in . Theconflict of interest that is inherent inthe commission-based broker's relationshipwith the client got tarredwith the same brush that paintedWall Street's analysts as too cozy withthe stocks they analyzed. Thenumber of fee-based brokers is onthe rise, with some big-name firmslike Merrill Lynch setting up programsto dispense fee-based financialplanning advice.
Articles in this issue
about 18 years ago
Portfolio CHECK-UPabout 18 years ago
Don't Delay, Start Saving for Retirementabout 18 years ago
Gain Perspective on Variable Annuitiesabout 18 years ago
Docs Miss the $ Boat-Againabout 18 years ago
Establish E-communication with Patientsabout 18 years ago
Enjoy E-mail Paydays for Consultationsabout 18 years ago
Confront HIPAA as a Former Soviet Wouldabout 18 years ago
Take Steps to Avoid IRS' Audit Dragnetabout 18 years ago
Take Fiscal Advice from a Fellow Doctorabout 18 years ago
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