Preliminary Request for Public Comment on Proposed Fee Table for State-Registered Investment Advisers

February 24, 2018 - Anthony Salotto

Subject: Request for Public Comment on Proposed Fee Table
From: Anthony Salotto
February 24, 2018

1)      How will “legacy” or “grandfathered” fee arrangements be accommodated, or is this only meant for new client fees?
2)      How will a fee that’s made up of multiple components be handled, such as an AUM component and a fixed component?
3)      For “services”, the description “Financial Planning” can be vague. Is it ongoing or one-time? Truly comprehensive or limited? What does it include or exclude? Does it include only the plan, or implementation support? Etc.

Anthony Salotto, CFP®, EA
Delphinus Financial Advisors, LLC