 |

MCIM Program Compensation Plan For Financial Professionals |
|
|
Submitted by Steve Selengut
| RSS Feed
| Add Comment
| Bookmark Me!
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
|
|
 |

|
LinkedIn Recommendation:
Lana Cicen - Project Coordinator at The Hope Financial Services, Inc - I had Teo help with my non-tech project I was working, which was a triage system for a construction company - all paper. Teo made it work more efficiently and explained how the new system could be upgraded into a computer program, which included inventory management online. I love this guy! Always one step ahead. I just hired him again make this our phase 2 project. If you are looking for a process guy, Teo is it! - March 17, 2012, Lana was Teo's client |
|
Featured [MCIM] Articles:
|
 |