Setup Fee. When a new mutual fund family joins LPL’s platform, it may be charged up to $40,000 to add the fund to its recordkeeping platform, which is the sum of a $15,000 due diligence fee and a setup fee of $5,000 per fund (up to a maximum of $25,000 total for all funds).
Appears in 8 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
