Paid to Stifel and Your Financial Advisor Sample Clauses

Paid to Stifel and Your Financial Advisor. Stifel and your Financial Advisors receive com- pensation when clients invest in mutual funds. Depending on the share class purchased, the compensation may be a front-end sales charge, a concession from a mutual fund company, ongoing servicing fees known as “trails” (com- monly referred to as 12b-1 fees), or a fee if mutual funds are purchased in a fee-based account through us. The ongoing fees Stifel and your Financial Advisor may receive from the mutual fund company are based upon the amount of your investment held with the fund and are paid in consideration of the ongoing servicing and operational support provided. You should discuss with your Financial Advisor the form of compensation he or she receives. Xxxxxx’x compensation formula does not favor one fund or fund family over another, and commission revenue is paid out to your Financial Advi- sor on the same basis regardless of the fund family, similar to any commission revenue received by the Firm. Payments received by Stifel for accounts that are introduced by correspondents may be shared with correspondents based upon Xxxxxx’x agreements with those correspondents.