A client purchased some A-shares from another firm last year. I'm
bringing the assets in under my name so I get future trailers but here
is the problem.
I hate the fund and I hate the fund company he is currently invested
with. What I would like to do is move the assets into another
family and waive the load (some families allow it with A-share to
A-share exchanges between families). The order would go through
our backoffice and be networked.
Think the mutual fund company would ever catch on and if they did -
think they would really care? I could code the normal account an
advisory account or code it as a relative and get it at NAV.