Document Type
Article
Publication Date
2-2003
ISSN
1075-4512
Publisher
Prentice Hall Law and Business
Language
en-US
Abstract
The theories on which mutual fund advisers' fiduciary and advisory fees are based have evolved over time. They were changed to justify different public policy approaches and reflect different perceptions of the relationships between advisers and investors. Three theories have developed on the subject and yet another is percolating currently. The familiar context in which these theories arose is revisited to clarify their development.
Recommended Citation
Tamar Frankel,
Advisory Fees: Evolving Theories
,
in
10
The Investment Lawyer
21
(2003).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/3058
