Compensation from Advisors. For certain Advisors, LPL receives compensation from the Advisor for the administrative services that LPL provides to Advisor, such as fee billing and performance reporting, which compensation can be tied to assets in Advisor’s SWM accounts. The maximum fee that LPL currently receives from Advisors for such service is 0.40% of the Advisor’s SWM assets.
Appears in 7 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
