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

June 29, 2018 - Ben Salm

Subject: Request for Public Comment on Proposed Fee Table
From: Ben Salm
June 29, 2018

Whatever aids the transparency of fees charged by RIAs is a positive step, though the template suggested in the explanatory document seems a little stiff. Is a non-issue for my RIA & clients as ADV spells out clearly the only options of 1) simple hourly rate, and 2) annual retainer based on assets advised.

Fully support Mass. efforts to clarify all aspects of RIA fees & services, thanks as usual for the opportunity to comment.

- Ben Salm
Blue River, LLC