please explain fiduciary fees, when and how often they are taken out

Question

please explain fiduciary fees, when and how often they are taken out

In: Other

Answer 1

A fiduciary fee is a fee charged by a fiduciary, like a medical fee is a fee charged by a medical provider. Depending on the fiduciary, they might have many different fees and charge them under many different circumstances. You need to review the contract with your fiduciary to learn what fees they charge and when they charge them.