Wrap Fee
Charge for an investment program that bundles or “wraps” a number of services (brokerage, advisory, research, consulting, management, etc.) together and covers them with a single fee based on the value of assets under management.
Charge for an investment program that bundles or “wraps” a number of services (brokerage, advisory, research, consulting, management, etc.) together and covers them with a single fee based on the value of assets under management.