ABC Advisors Inc. is an investment advisory firm that charges clients an annual fee of 1% of assets for their advisory services. ABC is approached by XYZ broker-dealer who offers to pay ABC trailing commissions on all mutual funds purchased through the broker-dealer. This would allow ABC to make additional revenue from mutual fund customers. Which of the following is true pertaining to such arrangements?[A] If IA clients receive full disclosure about the asset-based fees as well as the commission-based fees, the arrangement is allowed.[B] Only when proper approval has been received from the broker/dealer would an arrangement such as this be allowed.[C] There is no scenario where commission compensation is allowed to be paid to an IA.[D] If the IA is receiving commissions on top of the normal asset-based fees, this arrangement is prohibited under any circumstances.

Answers

Answer 1

Answer: a) If IA clients receive full disclosure about the asset-based fees as well as the commission-based fees, the arrangement is allowed

Explanation:

Any arrangement noted or implemented by the company offering the services has to be firstly communicated to their client which the service is offered to. The document which their client would sign has to have all these details and there should be an agreement between both parties. Carrying out such plan without the knowledge of the client would be a form of theft.

The client receive full disclosure about the asset-based fees as well as the commission-based fees, the arrangement is allowe.


Related Questions

Algunas personas consideran que el cambio climatico es un proceso natural en la tierra y, por lo tanto, no constituye un peligro.Tomando en cuenta los ùltimos descubrimientos al respecto, escribe un argumento que explique por que existe este cambio climatico y cuales son sus consecuencias

Answers

La respuesta correcta a esta pregunta abierta es la siguiente.

Algunas personas consideran que el cambio climático es un proceso natural en la tierra y, por lo tanto, no constituye un peligro. Tomando en cuenta los últimos descubrimientos al respecto,mi argumento que explique por que existe este cambio climático y cuales son sus consecuencias, es el siguiente.

Mi argumento son los constantes deshielos de los polos, en particular del Polo Norte. Grandes masas de hielo se derriten debido al cambio climático y ese cantidad de hielo al derretirse, se convierte en agua, lo que resulta en que los océanos aumentan su nivel.

Al aumentar su nivel, crece el nivel en las regiones costeras de muchos países, inundando porciones que antes eran playa, y ahora se "están comiendo la tierra." Es decir, el mar, comienza a inundar zonas habitables. Las personas en varias costas han tenido que alejarse de las orillas del mar porque el nivel del agua sube.

Finn likes it when her days are unpredictable and filled with problems to solve. She thrives on solving puzzles and then testing out the different solutions in search of the "right fit." How would you describe Finn’s personality?

Answers

Answer:

she has a high tolerance for uncertainty

Explanation:

Based on Finn's everyday life I would describe Finn's personality as having a high tolerance for uncertainty. Since her day to day life is very unpredictable and always different, she can never plan ahead and since she loves this type of lifestyle then it seems that she has a very high tolerance for what she does not know and cannot control, which most people do not.

It is better to give education to daughter than to give dowry. justify this statement​

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Answer:

it is beeter to give education to daughter than to give dowry because if we give dauter to education then they learn new things . and they become big person in future. and they make feel proud to her parents. but still many people give dowry to her daughter and they can't be educated and daughter get married and she need to work and she can't get outside from her home. and if girls parents don't give any thing then they can't marriage.

what is the identity of the planets

Answers

Answer:

A. Jupiter

B. Neptune

C. Saturn

D. Uranus

Explanation:

Which of the following areas did NOT see quick economic recovery in the years following World War II? A. East Germany B. United States C. West Germany D. Japan

Answers

Answer: East Germany and Japan

Explanation:

Japan got nuked, so they basically had to rebuild everything, and East Germany was under the control of the soviet union so they were kinda screwed to begin with

"Twenty dogs are initially presented with numerous CS-tone/US-footshock pairings. These dogs are then placed in a shuttle box, and movement from one side of the shuttle to the other terminates periodic presentations of the CS tone. No shocks are delivered in the shuttle box, but the dogs learn to move to the other side of the box to escape the tone. This is an example of _________________________"

Answers

Answer:

An escape from fear procedure.

Explanation:

Escape from fear (EFF) is a phenomenon involving animals learning to perform an escape of a fear-eliciting conditioned stimulus (CS) in a situation where the escape response is paired with CS termination.

Escape from fear procedure however, comprises of traditionally condition a fear response, then the subjects are allowed to perform an instrumental response to avoid the Condition Stimulus-- This is mainly confirm predictions of two-process theory.

Hence, in this case, this is an example of an ESCAPE FROM FEAR PROCEDURE.

what do you understand by empathy ?
: Empathy is the ability and quality of a person to understand another person's thoughts, feeling, experience or state,etc in almost the same way that the way they feel​

Answers

Answer:

its the feeling to be one with others feeling

Answer:

to understand

Explanation:

Which of the following did the Treaty of Versailles NOT do to Germany? A. Imposed enormous reparation payments B. Put foreign leaders in charge of Germany’s Parliament C. Restricted its military size D. Blamed Germans for World War I officially

Answers

Answer:

B. Put foreign leaders in Germany's Parliament

The resources needed to run public health services are obtained from ___________. a) Taxes b) Banks c) Financiers

Answers

Answer:

taxes is your answer

hope it's helps u

Help! I am working on a project in which I have to decide if my topic is a diplomatic event or a debate event or if it is a mixture of both. My topic is The end of Apartheid in South Africa and Truth and Reconciliation Commission.

Answers

it's definitely a diplomatic event!!

"Electricity is both ally and enemy of humankind." Justify it.​

Answers

Answer:

Electricity has become an integral part of humans even if it threatens their own existence.

Explanation:

Electricity nowadays is an integral aspect of human lives because we have becoming acquainted with the use of a wide range of electrical devices such as TV, a laptop, mobile phones, and other tools. From our workspace to the getting home at night we depend on the electrical devices to foster our needs.

Electricity though useful in many ways have been harmful to the human and its ecological system if not used carefully. releases toxic by-products to the atmosphere when generated by coal power stations, nuclear plants, etc. Literally millions of natural habitats may be devastated because of the space required to generate it.

One research study found that when a recovered heroin abuser returned to the neighborhood where he had previously used heroin, he experienced nausea and other withdrawal effects. This research supports the idea that _____ may be a significant factor in the development and maintenance of substance addiction.

Answers

Answer:

Classical conditioning

Explanation:

what does procrastination mean​

Answers

To put off doing something for a later time

Social and economic development is not possible unless conflict is resolved locally.justify this statement.​

Answers

Answer:

Social and economic development is not possible unless conflict is resolved locally.justify.

What is parenchyma ??????​

Answers

Answer:

Parenchyma, in plants, tissue typically composed of living cells that are thin-walled, unspecialized in structure, and therefore adaptable, with differentiation, to various functions.

Explanation:

The cells are found in many places throughout plant bodies and, given that they are alive, are actively involved in photosynthesis, secretion, food storage, and other activities of plant life. Parenchyma is one of the three main types of ground, or fundamental, tissue in plants, together with sclerenchyma (dead support tissues with thick walls) and collenchyma (living support tissues with irregular walls).

Hope this helps

Answer:

ello bestu kesi h

Explanation:

...

...

.....

why is the formation of new cells important

Answers

Answer:

For growth, repair, and reproduction.

A federal request for assistance (RFA) should be evaluated on the basis of six variables. Which variable relates to the impact on DOD's ability to perform its primary mission?

Answers

Answer:

Readiness (effect on the DOD's ability to perform its primary national defense mission)  

Explanation:

In responding to a Request For Assistance (RFA), the DOD renders Defense Support of Civil Authorities (DSCA)

The DSCA is rendered whenever there is full commitment from local to Federal resources, including tribal and state or when the situation is in the domain of only the DOD. As a requirement, the provision of DSCA is based on reimbursement of the DOD.

The process by which a parcel of land is measured and its area ascertained is known as what?

a. Survey
b. Schedule
c. A Property Line
d. Plot Plan

Answers

Answer: Survey

Explanation:

Survey could be defined as an art of measurement carried out on a property to ascertain it's dimensions. Survey is carried out by surveyors, they use it to determine the dimensions of a piece of land, when carrying out work on the land or for understanding the land properties of an environment.

help me plzzzz the physical and human characteristics of a location help us to answer which of the following questions? "How far away is it?" "How do I get there?" "Where is it?" "What is it like?"

Answers

How far do I get there is the answer

The federal district courts exist in each state.
a) are the chief trial courts of the federal system.
b) are the courts that, in practice, make the final decision in most federal cases.
c) are the only federal courts where the two sides present their case to a jury for a verdict.
d) All of these answers are correct.

Answers

Answer:

The correct answer is D

All of these are true

Hope this helps! (づ ̄3 ̄)づ╭❤~

All of these answers are correct.

Do all states have a federal district court?

There is at least one district court in each state and the District of Columbia. Each district includes a U.S. bankruptcy court as a unit of the district court.

Which courts are found in the districts of each state?

The district courts of India are the district courts of the state governments in India for every district or for one or more districts together taking into account the number of cases, and population distribution in the district. They administer justice in India at a district level.

Learn more about the federal district here https://brainly.com/question/1302046

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Many have noticed that the U.S. economy seems increasingly focused on producing and managing information, rather than on making things. What term or concept could describe this shift?

Answers

Answer:

postmodernism

Explanation:

Based on the situation described, it can be said that the term that best describes this would be postmodernism. This term refers to a philosophy of an acute sensitivity to the role of ideology in asserting and maintaining political and economic power. This is what the United States believes it can accomplish with information as opposed to creating new things, so they focus mainly on producing and maintaining as much information as possible.

Tom is sympathetic and considerate of his friends' moods. He really identifies with their feelings and readily understands their point of view. He is well-known around campus, and he has great relationships with his classmates and professors. Which area of intelligence does this exemplify

Answers

Answer:

The area of intelligence it exemplifies is interpersonal

A researcher wants to examine the relationship between viewing television violence and behaving aggressively. He has participants decide whether they would prefer to view a violent or a nonviolent film, and subsequently records the number of aggressive behaviors they show in a competitive game. The researcher cannot legitimately make a causal statement based on his findings because the study __________.

Answers

Answer:

Lacks random assignment

Explanation:

the researcher may not Be able to establish valid causal relationships as the study lacks random assignment in that participants do not get equal opportunity of being assigned to groups. Random assignment means the researcher applies chance in assigning participants to groups such that the study is not biased and causal relationships are not affected. For example if a participant does not get to choose his group, the researcher randomly flips a coin to assign him to a group and so there is an uncorrupted result in findings

report on "road construction and its impact to public health in Nepal, Pokhara(please include the following areas : introduction ,objectives of the study , methodologies, findings, conclusions and recommendations )​

Answers

Report on "road construction and its impact to public health in Nepal.''

Introduction: Roads are very important for the transportation of goods as well as for the movement of people. Road construction requires huge amount of capital which can only afford by the government. The health of people is also related to the road construction.

Objectives: The main objective of the study is to find out the impact of road construction on public health of the people of Nepal.

Methodologies: For finding the impact, we have two situations i.e. no road and have roads.

Findings: By collecting data we find out that roads has a great impact on the health of people because the patients can reach on time and quickly and his or her life can safe.

Conclusions: The conclusion is that roads are very important and has a direct impact on the health of people.

Recommendations: We have to construct roads which provides benefits in the form of fast transportation.

https://brainly.com/question/24323202

Generally, statutes and the case law governing franchising tend to emphasize the importance of Select and fair dealing in franchise relationships. This requires that the parties act Select and in good faith in fulfilling their contractual duties.

Answers

The franchise relationship is defined by the contract between the franchisor and the franchisee. The franchise contract specifies the terms and conditions of the franchise and spells out the rights and duties of the franchisor and the franchisee.

If either party fails to perform its contractual duties, that party may be subject to a lawsuit for breach of contract. If a fran-chisee is induced to enter into a franchise contract by the franchisor's fraudulent misrepresentation, the franchisor may be liable for damages. Generally, statutes and the case law governing franchising tend to emphasize the importance of good faith and fair dealing in franchise relationships.

Answer:

The Franchise Contract

Explanation:

The franchise contract is contract between the franchisor and the franchisee. It defines the terms and conditions as well as the rights and duties of both parties in the contract. Each party will be liable for damages if there is a breach of contract stemming from breach of duty or rights or terms of the contract. There are statutes and laws that govern franchising in most countries ensuring fair franchise contractual relationships

In Brazil, the well-to-do live in fashionable neighborhoods, go to private schools, ride in new cars, and shop at malls. However, the urban poor live in distant housing projects, take long bus trips to work, go to public schools or drop out, and shop at small local shops. This reflects __________.

Answers

Answer:

Social inequalities, is the right answer.

Explanation:

The term social inequality is used to refer to relational processes in a society that have the influence of restricting or harming the social status, social circle and social class of a group. Such an inequality occurs when there is an uneven distribution of the available resources generally through the standards of allocation that creates distinct patterns along lines of socially defined classes of people. It is sometimes seen as the lack of equality of access to opportunity.

Answer:

social inequality

Explanation:

Social inequality refers to the presence of unequal rewards and opportunities for various social roles or status within a community or society. there are diverse spheres of social disparities usually involve ,  the level of property rights, access to voting rights access to education, employment, health care, quality accommodation, holidays, and other social benefits. As per the question, the neighborhood life, to credit also determines the social inequality in Brazil.

What sort of relationship is found between skilled human resource and employment Discuss giving relevant examples.​

Answers

Explanation:

Employment is based on there being a profitable organisation. This requires skilled human resources to do the work. As an organisation grows it needs more human resources and needs new specialist skills. So there is a direct relationship between employment and skilled human resources.

A lack of skilled human resources holds back growth.

A lack of economic growth can often mean that human resources leave the market (often to go to growing economies). It’s all about supply and demand. Growth encourages employment which increases the need for skilled human resources.

Employment is based on there being a profitable organisation. This requires skilled human resources to do the work. As an organisation grows it needs more human resources and needs new specialist skills. So there is a direct relationship between employment and skilled human resources

It's not really a question, but I'd like one person to discuss the political merits of Joe Biden, and one the merits of Donald Trump. I'll give brainliest to the better argument!

Answers

Answer:

They are both very different in a poli.tical point of view, first lets take a look at Joe Biden.

Joe Biden's main goals:

1.  Defeat Co.vid 19.

2.  Make everyone equal in the world of Hierarchy.

While all of these things might sound great and productive, there are many complex problems with this.  

Yet he wants to defeat Co.vid 19, it really isn't that bad of a vi.rus.  The main reason he made it look like it was more serious than it was is because of the polit.ical situation he was in.  He practically locked everyone in their homes due to this.  Yes it was not a great vi.rus but he could have handled a lot better.  

Imagine if you had been working incredibly hard for a certain job, it took you years to get to that high position you were at, and all of the sudden it is taken away by high taxes due to the president because he wants people to just be equal.  It is honestly horrible.  People are only rich because they work for it, the poor didnt work for that and this is how they ended up.  You cant take the rich and give half to the poor so they are equal.  This will also end in a t.ragedy.  

Side note:  When you consider his age that is a whole nother conversation.  He is almost 80 and trying to rule a whole country.  He has trouble speaking at times.  He has big dreams but low expectations.  This does not fit for a president.

Donald trumps goals:

1.  Tax cuts.

2. Get rid of Obama care.

Tax cuts would be wonderful for everyone.  The taxes are already incredibly high, we need tax cuts in or country.  This would do great good to many people out there who are struggling with a family due to high taxes.

Obama care ruined a lot of people and also helped a lot of people.  Sadly it did more bad than good.  They took money from the rich by high taxes and used it for the poor.  As good as Obama care sounded, many people took advantage of it for fr.ee money.  If Donald trump could get rid of all of it, this would be a major accomplishment in society.

Side note:  In the time that Donald trump served as president, he finished a good amount of things he said he would do.  While no president will accomplish everything, he was on the lead to finishing a good majority of it.

Personally I stand for trump, but if anyone stands for Biden I have nothing against you.  

This is simply an opinion that may not be well put together, if you find any faults with what I said, please do talk to me about it.

Answer:

there both political views

Explanation:

thats all i have to say have a great day

In a recent meeting, San Mateo County Supervisors voted unanimously to conduct a(n) ____, which would provide an accounting of how well the makeup of local boards and commissions reflects the racial, gender, cultural, geographic, and ethnic diversity of the county.

Answers

Answer:

A diversity audit.

Explanation:

A diversity audit is the collection and analysis of the diversity of a group of people. This data enables the generate real and unbiased information about the equality, diversity, and inclusion conditions of a workplace.

In the given scenario, San Mateo County Supervisors decided to take a diversity audit. This will enable the County to know how well the local boards and commissions are diverse and equal.

festivals of Nepal from baisakh to chaitra.​

Answers

I think this will help you a lot .

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