Brianna serves clients both in an investment advisor capacity, compensated by advisory fees and as a registered representative, compensated through commissions for the sale of investment products.
Here is a summary of how Brianna's compensation is currently structured:
- Advisory fees for managing investment portfolios are based on a percentage of assets under management (AUM) and detailed in the advisory agreement. Advisory fees are deducted directly from accounts.
- Financial planning services are performed on a fixed fee or subscription basis and detailed in an advisory agreement. Planning fees may be paid by check, deduction from a bank account, or credit card.
- For clients that invest though our retail mutual fund relationships or direct variable annuities that incur a sales charge, Brianna is compensated though commissions. Sales charges are specified in the prospectus.
- For clients that require insurance products such as life and disability income insurance, long term care insurance or fixed annuities in financial plan implementation, Brianna is compensated through commissions.
For a complete discussion and disclosure of the investment approaches offered through American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. and the types of fees associated with those services, please see our Client Relationship Summary (Form CRS).
