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[RT] GEN: WRAP FEES



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Group-
 
Can someone please tell me the definition of a wrap 
fee?  What is the purpose of a wrap fee and on what basis are 
they calculated?  I'm told these are charges to a customer as it 
relates to an arrangement between an RIA and a 
broker dealer.  Thanks for any feedback.  I'm attempting to 
discover if I've been stiffed; and by 
how much.
 
chas






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