Benjamin F. Edwards & Co. (BFE) is a registered investment advisor and broker-dealer. BFE offers investment programs that bundle services like advice, trading, and custody for a fee based on the value of your investments. BFE also offers financial planning and retirement plan consulting. When you work with BFE, you can choose between a transaction-based brokerage account or a fee-based advisory program. It's important to understand the services, fees, and potential conflicts of interest associated with each option.
Fee Structure
BFE offers investment management through various programs. The fees are calculated as a percentage of the value of your account. The total fee you pay covers BFE's advisory services and, if applicable, the fees for portfolio management services. The maximum total fee is 2.50% annually, but BFE reserves the right to increase the total fee by five percent per calendar year. There is a minimum annual fee of $125 that applies to all BFE investment advisory accounts. Fees are negotiable and are charged quarterly in advance based on the average daily asset value of your account from the previous quarter.