In an era of increasing transparency, many investors are embracing fee-based models on nominee, third-party and even client name platforms. Our Wrap Fee module enables dealers to administer these models on all three.
Wrap Fee is a compensation method where advisors directly charge their client for managing their investments either as a flat charge or proportional to the amount of wrap-eligible product held by the client. Our system can be configured to process Wrap Fees on a regular basis for eligible clients/plans.
How Fee-for-Services Benefits Dealers & Advisors
- Increased flexibility for method of advisor compensation.
- Insulate client relationships against the impact of CRM2 and disclosure requirements.
- Enable greater tax efficiency for clients optimize pricing for different client segments.