Broker Check

Kevin Dempsey Fees

Kevin serves clients primarily in a registered representative capacity, compensated through commissions for the sale of investment products, and serves some clients in an investment advisor capacity, compensated through advisory fees.

Here is a summary of how Kevin's compensation is currently structured:

  • For clients that invest though our retail mutual fund relationships or direct variable annuities that incur a sales charge, Kevin is compensated though commissions. Sales charges are specified in the prospectus.
  • 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.
  • Kevin provides income tax preparation services for a fee based on complexity of the return. Fees may be paid by check.
  • For clients that require insurance products such as life and disability income insurance, long term care insurance or fixed annuities in financial plan implementation, Kevin 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).