Financial Northeastern Securities (FNS) offers money manager searches, advisory referral services, sub-advisory services, and advisory services to institutional and high-net-worth clients for their fixed income needs. FNS searches for independent registered investment advisors or wrap-fee programs, recommends independent advisors, executes trades, maintains records, and administers client accounts. FNS develops laddering of portfolios for fixed income needs.
Fee Structure
Financial Northeastern Securities (FNS) is paid by the independent advisor or client for whom it solicits or performs services, including sub-advisory services, based on a percentage of the client's managed assets. This generally ranges from 0.3% to 3.0%. FNS may also collect commissions, ticket charges, selling concessions, and 12B-1 fees from mutual funds for brokerage services rendered.