Discover what a wrap fee is, how it works, and its pros and cons. Learn whether this annual fee suits your investment needs and what services are included.

The Securities and Exchange Commission has sounded the alarm about the risks associated with wrap fee programs and is urging financial advisors who participate in them to implement policies to address ...

A mutual fund wrap is a personal wealth management service that gives investors access to personalized advice and a large pool of mutual funds.

The Securities and Exchange Commission has sounded the alarm about the risks associated with wrap fee programs and is urging advisors who participate in them to implement policies to address the ...

The agency charged the firm with failing to monitor whether wrap-fee accounts were in the best interests of clients who did little trading. By Mark Schoeff Jr. Set it and forget it isn't a good ...

An SEC case ordering a wealth manager to pay a relatively small fine for so-called reverse churning is attracting a lot of attention among some industry compliance experts. Processing Content In a ...

The SEC ordered Merrill Lynch to pay $9.7 million for failing to disclose foreign exchange fees in advisory accounts that required currency conversions. The brokerage offered clients a wrap-fee ...

WASHINGTON, Aug 19 (Reuters) - U.S. regulators have asked investment advisory firms to hand over records in connection with "wrap fee" accounts they offer clients, as part of a review to determine if ...

WASHINGTON (Reuters) - U.S. regulators have asked investment advisory firms to hand over records in connection with "wrap fee" accounts they offer clients, as part of a review to determine if they are ...