Question: Current Attempt in Progress Gary pays his financial planner a one percent fee based on the value of the assets in his investment account. He
Current Attempt in Progress
Gary pays his financial planner a one percent fee based on the value of the assets in his investment account. He noticed on his yearend statement that the firm rebated a $ credit to his account. His planner said that was because the firm made $ in dealer concessions from an IPO that he purchased. What type of fee arrangement is this?Fee offset by commissionFeebasedFeeonlyFee plus commission Last saved second ago.
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