I'm a registered investment adviser. In completing the Form ADV Part I there is a question that asks if I "receive research or other products or services other than execution from a broker-dealer or a third party ('soft dollar benefits') in connection with client securities transactions." While I do get some research from the brokerage firm I deal with just for being on their platform, I don't think that would qualify as "soft dollars". Can you clarify?

— D.R., Georgia

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access