Estimated reading time: 0 minutes, 18 seconds
SEC Warns Advisors About Overbilling Clients
The Securities and Exchange Commission has issued a warning to advisors regarding frequent overbilling. So reports Forbes.
Some advisors have been incorrectly basing their fees on the amount of clients’ assets at the end of a billing cycle when they have said they would use average daily balances and other advisors have been double billing clients.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
-
-
-
Nov 07 2012
-
Written by Administrator
-
-
-
Mar 09 2013
-
Written by Staff Writer
-
-
-
Nov 07 2012
-
Written by Administrator
-