MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 18, 2014 Ray Jay Charges This Much in Revenue Share If you were ever curious about what it would cost to sell your funds via Raymond James, go to this website, and save the URL. It is the online disclosure of the B-D outlining the likely revenue-sharing fees that mutual funds pay to be on the platform, among other things. For example, according to the disclosure, fund firms pay up to 14 basis points on fund purchases and/or up to 30 basis points per year on mutual fund assets. Some fund families may pay a minimum annual fee of up to $75,000. The funds that participate in this revenue-sharing can be found on this site. These partners are divided into three categories: premier partners; preferred partners, and just partners. The firms that have agreed to pay Raymond James' fees can be found here. The fund firms that don't provide operational support to Raymond James, and so are subject to transaction fees, can be found here. Printed from: MFWire.com/story.asp?s=49447 Copyright 2014, InvestmentWires, Inc. All Rights Reserved |