Different fee structure for different clients? A violation?
A and B are both clients of my firm, under the same investment strategy
If I charge Mr. A a management fee of 2% and 20% of profits.
I charge Mr. B a management fee of 2% and 20% of profits in excess of the S&P 500 return,
it can clearly be seen that the two fee structures are different.
Am I in violation of the Code of Ethics / Standards?
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