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         Commission-Based vs. Fee-Only   

 

 

Commission

Fee-Only

 

Commission

Fee-Only 

 

A Shares

Hours

 

B Shares

Hours

Size of

One-Time

Service at

 

Annual

Service at

Portfolio

Charge (5%)

$105/Hour

 

Charge (1%)*

$105/Hour

 $      5,000

 $          250

         2.4

 

 $              50

          0.5

 $     10,000

 $          500

         4.8

 

 $            100

          1.0

 $     20,000

 $        1,000

        9.5

 

 $            200

          1.9

 $     50,000

 $        2,500

       23.8

 

 $            500

          4.8

 $   100,000

 $        5,000

       47.6

 

 $          1,000

        9.5

 $   200,000

 $      10,000

      95.2

 

 $          2,000

        19.0

 $   400,000

 $      20,000

     190.5

 

 $          4,000

        38.1

 $   800,000

 $      40,000

     381.0

 

 $          8,000

        76.2

 $1,600,000

 $      80,000

     761.9

 

 $        16,000

      152.4

 $3,200,000

 $    160,000

  1,523.8

 

 $        32,000

      304.8

*Annual charges typically last 7 years.  If you sell the fund before charges expire, a deferred fee is charged up to 5% of the value of your investment.

 

Financial planning and investment advice can only be rendered after delivery of a Form ADV Part II. Independent Financial Solutions LLC is registered with the State of Utah Securities Division.  This web site is not deemed to be a solicitation for advisory services in any state where IFS is not registered or exempt from registration.