I don’t know about you but speaking for my clients, I am not getting all that nostalgic about the good old days of fixed non-negotiable 9% commissions but maybe the regulators may force us to charge front-end loads once again. Talk about things coming around full circle!

Therefore, I find it difficult to believe that the press, regulators, and investor advocates are targeting the current structure of negotiable commissions (now negotiated down to zero) coupled with a trailer fee.

The old DSC method of buying a mutual fund has had its day but with the trend to 0% front-end commissions, mutual fund purchased the DSC way will eventually go by the wayside.

Personally, I prefer that an asset under management fee/service fee/trailer be built in the price of the product rather than force someone to pay a separate bill.