Frequently Asked Questions

  • Q. How is my 401(k) advisor compensated?
  • Q. What about fees and expenses? Aren't the fees higher if we use an advisor?
  • Q. My record-keeper is doing a good job. Can I add your services without changing my current vendor?
  • Q. Our company has locations in many different states. Can you handle multiple locations?
  • Q. What size companies do you work with?
  • Q. I do not know how much or if my broker/advisor/consultant/agent is being compensated under my current plan. Can you tell me?
  • Q. What is the "Prudent Man Rule"?
  • Q. Can you help us define what ERISA calls "reasonable expenses"?
  • Q. We are not happy with our current plan, what are our next steps?
  • Q. We are going to change. What is your process?
  • Q. What types of plans do you work with?
  • Q. What other services can Raymond James and Associates provide?

There is no assurance that any investment strategy will be successful. In a fee-based account, clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses and management fees charged by exchange-traded funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. These additional considerations, as well as the fee schedule, are listed more fully in the Client Agreement and the Raymond James & Associate's Form ADV Part 2A and Wrap Fee Program Brochure, which can be obtained through our office.