ADVISOR FEE

A payment to a financial advisor for recommendations of load mutual fund suited to the time-frame and needs of an investor. A variation of the fees may arise depending on the class of mutual fund shares, which are paid to advisors for the fund recommendation that fits the goals and time of the investors. Advisors, depending on the share class, can either accept an annual fee or one-time fee as long as the assets are still within the care of the investor.