DR 099: 5 Gotchas with Commissioned Based Brokers

Published: Aug. 16, 2014, 2:22 p.m.

A reader we\u2019ll call Frank recently emailed me about his advisor (we covered part of his email about dividends here). She had placed him in A shares of American Fund mutual funds. This told me he was working with a commissioned-based broker, as these mutual funds charge a sales fee of 5.75% to compensate the [\u2026]

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