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The Mutual Fund Store charges a franchise fee of between $50,000 and $250,000, depending on the market.
California-based Financial Engines agreed to pay $560 million for The Mutual Fund Store LLC, a 19-year-old retailer of financial advice to fund investors.
The Mutual Fund Store had $5.1 billion in discretionary assets as of March 31, ranking it fifth on the InvestmentNews RIA Giants list. It is a fee-only firm with 70 offices across the country, ...
Distributions from a mutual fund are taxed, whether they're paid out in cash or reinvested. Your brokerage should provide you with IRS Form 1099-DIV after the end of the calendar year.
Load/no-load mutual funds: A loaded mutual fund typically charges a front-end or back-end load or cost or a percentage of the amount invested, usually 1% to 5%. It’s a good idea to get a sense ...
A mutual fund is a type of investment that allows you to pool your money with other investors and then have a professional manage the fund. Mutual funds are a popular way to invest because they ...