Search results
Results From The WOW.Com Content Network
In the brokerage business, soft dollars have been in use for many years. Prior to May 1, 1975—sometimes referred to as "May Day"—all brokerage firms used a fixed price commission schedule published by the New York Stock Exchange; [7] the schedule was a matrix listing the number of shares in the trade on one axis, the stock's price per share on the other axis, and the corresponding ...
For example, if an investor wished to sell $3 million worth of stock, he would pay the broker he used a fee of 5%, or $50,000, on the first million dollars of transaction value, 4% (40,000) of the second million, and 3% (30,000)of the third million, for a total fee of $120,000. On an investment of $50 million, the total fee would be $600,000.
Distribution and service fees are fees paid by the fund out of fund assets to cover the costs of marketing and selling fund shares and sometimes to cover the costs of providing shareholder services. They are also called 12b-1 fees after section 12 of the Investment Company Act of 1940. "Distribution fees" include fees to compensate brokers and ...
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Many online brokerages offer commission-free trading, but some brokerages can charge high fees. For example, a full-service brokerage can charge more than $100 a trade. Even if you are only ...
The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...
In the U.S., standard business brokerage fees for the sale of a business or asset selling for under $10 million are usually 10% to a specific target price, and then 12% thereafter. This success fee is usually subject to a minimum fee payment of $50,000, and clients usually pay an initial research and preparation fee of 1% of revenue.