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MCIM Program Compensation Plan For Financial Professionals |
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Submitted by Steve Selengut
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All six account MCIM variations (Equity-Income) are available: 70-30; 50-50; 30-70 with income positions either 100% in taxable CEFs or 100% in Municipal CEFs.
- NOTE: MCIM "mirror account" programs are generally unsuitable with regular withdrawal or contribution requirements. Such accounts will be considered for regular management programs, with a minimum account requirement of $100, 000 and a flat fee 2.5%. Income only account flat fee is 1.25%
Program Requirements and Client Charges:
- Single sum deposit minimum is $175,000. No subsequent additions of less than $90,000.
- No withdrawals other than account management fees, without a change-over to a regular managed account arrangement at the fee scale (above) for managed accounts.
- Total fee to client is 2.0%, including all management fees and commissions.
Solicitor Referral Fee Compensation:
Contact Steve for additional information
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