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Advisor Fee Cap Report Reference

This topic lists all fields and descriptions for an Advisor Fee Cap Report.

Field Description
Client Account ID

Account Number (ID).

Clients associated with Wealth Managers and Money Managers will see a Virtual Account Number here. The Virtual Account Number consists of the client Account ID, the Wealth Manager Mnemonic and the Money Manager Mnemonic.

Clients will see one of the following in place of their Account ID:

  • If no Account Alias is used:
    Client Account ID-WM Mnemonic-MM Mnemonic
  • If an Account Alias is used:
    Client Account Alias-WM Mnemonic-MM Mnemonic
Client Alias The client account alias.
Period (#of Days) The number of days in the period in increments of 30.
Average NAV The average Net Asset Value (NAV) over the time period.
Amount Paid The total amount of advisor fees that the client account paid during the period.
Fee Cap Availability The fee cap availability can be calculated using the following formula:
((Average NAV * Fee Cap %) –Amount Paid)

 

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