As a new investment adviser (IA) firm, your company wants to obtain more clients. In an attempt to do so, one of the employees suggests a one-year offer to prospective clients. The offer would refund client's management fees if the client's portfolio value did not increase by 12% at the end of the first year. This fee arrangement:
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Home » Business » As a new investment adviser (IA) firm, your company wants to obtain more clients. In an attempt to do so, one of the employees suggests a one-year offer to prospective clients.