Fee for Service
A growing number of advisors and investors are opting for a fee for service advisory model.
As a growing number of advisors and investors are opting for a Fee for Service (FFS) advisory model, we at B2B Bank Dealer Services are making it easier for advisors to manage fee collection and reporting, with automatic, pre-authorized debits from customer accounts.
Our enhanced reporting, available online to both dealers and advisors through Advisor Access, will allow for a more accurate snapshot of fee-based mutual funds vs. any non-fee-based mutual funds over a period of time or on an ad-hoc basis.
In addition, you will also have the option of negotiating fee ranges with your clients (0.25% to 2.50%).
Our FFS account is a practical option that provides your clients with the opportunity to hold fee-based mutual funds, while continuing to benefit from the advice and services you provide.