First Trust Advisors (FTA) offers a range of services including managing unit investment trusts, advising open-end and closed-end funds, and providing advisory services to individuals and institutions through separately managed accounts. FTA also offers model portfolios to other advisors. FTA's services are tailored to client needs, with investment strategies spanning various asset classes.
Fee Structure
First Trust Advisors (FTA) provides investment advice through separately managed accounts (SMAs). The fees for these services are listed in the FTA Fee Schedule. These fees do not include custody, trade execution, or other account service fees. Clients may also indirectly bear the expenses of funds their SMAs invest in. The advisory fees are assessed quarterly, generally in advance, but may be assessed in arrears for certain wrap programs. Refunds are prorated if an SMA is closed before the end of a quarter, but may not be refunded if closed in the last 30 days of a quarter.