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Do B shares pay trail commission to advisor?

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May 28, 2017 1:53 am

alaska13dude

Joined: 2017-05-28Offline

I just bought a book of clients and several clients have B shares. I know they usually pay 4% GDC upfront, but do they pay trail after that in the 5th or 6th year? Or do they pay nothing until converted to A shares?