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“For agencies managing these working capital funds, it's a way to ensure a sufficient backlog exists to pay employees whose jobs are not authorized under normal appropriations -- what is termed a "fee-based" worker in the federal government.”
“So a fee-based adviser might sometimes have a bit more flexibility.”
“In contrast, fee-based advisers can shift seamlessly between their fiduciary duties and lower legal standard called "suitability.”
“This tend has the main players in the industry very unhappy because their business model depends heavily on owning a monopoly on the texts and dispersing them based on a fee-based system.”
“On Friday, it reported record quarterly earnings for the third quarter, with net profit up 31% from a year earlier at 39.76 billion yuan, lifted by rapid growth i n its fee-based businesses.”
“Investors had pressed Marriott to take some sort of action on its timeshare operations, preferring the company as a pure-play, fee-based hotel management business.”
“Next month, for example, customers of the former Washington Mutual will see their free checking accounts replaced by fee-based accounts from J.P.”
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