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Some 90% of this fee flow goes into earnings before taxes.
FORBES: Companies, People, Ideas
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HighTower brokers also run their own profit-and-loss statements, so instead of keeping 30% to 40% of gross fee production in W-2 earnings, they reap the benefit of all revenue associated with their clients, including interest spreads earned by lending idle cash in cash-rich accounts to other clients buying on margin.
FORBES: OutFront
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Most MLPs pay a general partner for administrative services, plus an incentive fee that escalates as a percentage of earnings as the dividend rises.
FORBES: Magazine Article
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Like Chu, the case against Fleishman was that he was putting corporate insiders, with access to sensitive information on earnings and products, in contact with hedge fund managers for a fee.
FORBES: Primary Global's James Fleishman Gets 30 Months in Prison