How is Banyan Partners compensated?
Go back to the top As an independent, Registered Investment Adviser, clients compensate us directly in the form of annual management fees based on the market value of their account(s). However, as a by-product of actively managing your portfolio and effecting securities transactions in your account, you may, in addition to our management fee, pay transaction commissions to the brokers we use to facilitate trading. Through negotiation, and by virtue of our volume, we have arranged reduced commission rates and institutional trading privileges for our client accounts with our trading partner and custodian. Banyan Partners does not share in or receive any portion of these commissions, though each client benefits from these reduced trading costs in his/her account.
