To configure commissions and fees to be taken out of your advisor account instead of the client account:
- Login to Advisor Portal
- Select Administration & Tools followed by Fees & Invoicing
- Then click on Fees
- The display selector will open on the right had side and allow yo to select the appropriate client account(s)
- Click the pencil edit icon in the top right corner to make changes.
- Use the Fee Strategy drop-down to make the selections. Reference the Advisor Portal Users' Guide for the fee configuration selections.
The setting will apply to all existing client accounts and any new client accounts going forward. If you submit your election on a business day before 4 PM EST the change will be effective on the next business day.
Please Note
- This setting will not apply for cryptocurrency trades. All commissions on cryptocurrency trades will be charged directly to the client account.