Soft Dollars

Soft Dollars

As a natural complement to our execution capabilities, we offer the opportunity to credit a portion of each trade executed towards a “soft dollar” account. Our client reporting package delineates information into a single, consolidated monthly or quarterly statement, eliminating the administrative burden associated with multiple soft dollar relationships.

For further information, see Securities Exchange Act of 1934 – Section 28(e) Research Services in Exchange For Brokerage. The section provides a safe harbor to investment managers who use the commission dollars of their advised accounts to obtain investment research and brokerage services (“soft dollar” research) by permitting such persons, under certain circumstances, to “pay up” for such services received from broker-dealers.