Premier Wealth Management (Premier WM)

Client Definition:

A Premier WM client has assets under our management which are in excess of £500,000
For initial investments there is typically a fee of 3% of the amount invested which is charged according to the size and complexity of the case.
Clients with less than £500,000 under management can become Premier clients provided they pay the minimum remuneration applicable to the level of service chosen.
The ongoing annual charges will normally be commensurate with the volume of assets under management and the level of service chosen (as defined below) but will be subject to the stated minimums.
There will be the facility to add certain clients into a Premier category who do not qualify for the quantum of either assets under management or revenue, because they have other business relationships with Lorica. Any such waiver must be authorised in writing by a Director of the company.

The TOE for the Premier client will vary according to the service level chosen and the agreed remuneration. Guidelines are as follows:

Fannie Mae to sell $1 bln bills on Wednesday
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