Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2008-04-08
2008-04-08
Dass, Harish T. (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000
Reexamination Certificate
active
09948934
ABSTRACT:
A method including establishing a commission-free fee-based brokerage account for a client and maintaining a balance between the account's fee, its investment activity and services received, and compensation to a financial advisor of the client. Customized flat fee pricing can be calculated based on investment objectives, risk tolerances, asset mix, asset size, expected trading patterns, utilization of other firm services and the client account relationship (the existence of other accounts of that client with the firm). Systems calculate and recommend a fee to the financial advisor, who then negotiates with the client and determines a final fee. This dynamic pricing process includes a compensation adjustment to the financial advisor under certain pricing and trading scenarios.
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“Fee Structure View”; Mark Del Franco. Catalog Age. New Canaan: Aug. 1998.vol. 15, Iss. 9; p. 37, 1 pgs.
“New Investment Direction Brokers Turning to Flat-Fee Service to Manage Assets for Their Clients”; Daily News. Los Angeles, Calif.: Apr. 6, 1997. p. B.3.
Bursey Bruce
Csillag, legal representative Patricia
Goertz Gerry
Jones Eric T.
Mitterando Richard
Bednarek Michael
Dass Harish T.
Paul Hastings Janofsky & Walker LLP
UBS Financial Services Inc.
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