Commissions – All commissions are charged on a negotiated basis between the registered representative and the client and adhere to the regulatory guidelines.
The above fees for services provided by RBC Correspondent Services, the clearing firm, or Sentinel Advisory Group, a subsidiary of MD Global Partners, LLC may be charged to your account at the time of/or prior to the service being rendered. Sentinel Advisory Group and/or Sentinel Advisory Group’s representatives(s) do not receive any fees charged by the clearing firm. MD Global, LLC may receive a portion of the fees charged by the clearing firm (including, but not limited to, margin interest and handling fees). These fees and charges may be passed onto you to include the costs associated with the processing of transactions and may be a source of additional compensation to the firm and/or registered representative.
Sentinel Advisory Group, a subsidiary of MD Global Partners, LLC charges a $30 additional fixed commission on all transactions in addition to any applicable fees, charges, taxes, commissions, markups/markdowns charged to your account. A small portion of this fee is remitted to MD Global Partner’s clearing firm and the remainder is retained by MD Global as transaction based remuneration and may be a profit to the firm, as well as additional compensation to the firm. The brokerage commission is used for the following expenses but not limited to: clearing firm expenses (see above), online access, clearing firm account, fidelity bond, insurances, support staff salaries, rent, office supplies, IT support and equipment, state registrations, legal, FINOP & accounting, consultants, telephone, overnight and regular mail, training, subscriptions & publications, FINRA fees, general office expenses, NASDAQ fees, AML charges, exchange fees, in addition to other various vendors and/or expenses not previously mentioned. Please contact your account representative if you have any questions or need additional information.