Common use of Calculation of Advisory Fee Clause in Contracts

Calculation of Advisory Fee. The account will be assessed an asset-based wrap fee. The fee schedule can be found in the fee schedule disclosed in the Wrap Brochure. The fee is accrued daily and charged in arrears at the end of month. A minimum fee of 25 cents per month will be charged in cases where the percentage-based wrap fee is less than the minimum fee.

Calculation of Advisory Fee. The account will be assessed an asset-based wrap fee. The fee schedule can be found in the fee schedule disclosed in the Wrap Brochure. The fee is accrued daily and charged in arrears at the end of month. A minimum fee of 25 cents per month will be charged in cases where the percentage-based wrap fee is less than the minimum fee.