wrap fee

Definition

A charge for an investment program that bundles together a suite of services, such as brokerage, advisory, research, and management.

Use wrap fee in a sentence

You should try to make sure that you know how much the wrap fee will be before you get to deeply involved,

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After coming into a large inheritance and having money to invest for the first time ever, John considered the wrap fee charged by the investment firm to be worth the cost for all the services that it included.

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I had extra money to invest, so i went to a brokerage company to inquire about some one making a wrap fee for me. I want to be knowledgeable so that i can move forward with my money decisions.

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wrap account wraparound annuity