Popular Securities is a registered investment advisor and broker-dealer. It offers investment advisory services through the Fidelity Managed Account Xchange Program (FMAX) and fixed income money managers. Services include financial planning, fund strategist portfolios, unified managed accounts, separately managed accounts, and advisor-directed models. Popular Securities discusses your financial situation and suggests asset allocation portfolios. Clients can also designate holdings as reporting-only within the FMAX program.
Fee Structure
Popular Securities provides investment management through the FMAX Program and fixed income managers. The annual advisory fee has a cap of 2.50% for the FMAX Program and 1.10% for the Fixed Income Program. The total client fee is negotiated and can be based on asset levels or a single fee rate. Program fees are charged separately by FMAX or the fixed income manager and are based on a percentage of assets under management, billed quarterly in advance. There is a minimum annual program fee. Popular Securities also receives compensation from Russell Investments for certain mutual fund sales.