Shelf space payments where mutual funds pay a platform a fee for space on their 401(k) shelf of investments is the newest thing, especially as a way to replace the loss of revenue sharing. One provider, in particular, is under investigation for these payments.<\/p>\n
These payments are legal for the time being, but I always err on the side of caution. If you\u2019re an advisor using these type of funds, my belief is that you should willingly disclose the arrangement even that you\u2019re not involved in the arrangement. I\u2019d rather have you disclose such information, rather than your competition because it\u2019s all about appearances and not disclosing makes it look like you\u2019re hiding something (and you\u2019re not since it\u2019s not your arrangement). Just my two cents.<\/p>\n
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