Wirehouse Fee Schedule

No replies
business_horn's picture
Joined: 2009-08-20

Trying to figue out what the wire's are charging as a floor and ceiling in their UMA products and their mutual fund wrap programs. Also, it would be nice to know how much of that fee hit the grid. I am trying to set up these products at my firm and we want to make sure we stay competitive, thanks!

Example: Mutual Fund Wrap Program: Discretionary Model Portfolio...similar to MFA at Merrill

$250k account charged 1.25% (what is the floor and ceiling) hitting the grid at 75%
$500k account charged 1.00% (what is the floor and ceiling) hitting the grid at ?%
$1,000,000 account...?

Example: UMA Program

$1,000,000 account in a Balanced Strategy
- what is the floor and ceiling that you can charge
- is the manager's fee included in this
- does it still hit the grid at 68%?

Thanks in advance!!!!

Please or Register to post comments.

Industry Newsletters
Investment Category Sponsor Links
Wealth Planning Category Sponsor Links
Practice Management Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×