Does anyone have a good handle on what soft-dollars are?
I have some questions that maybe someone can answer via a thumbs-up/down system?
1. Soft dollars can only be used to pay for tools that aid the investment decision making process?
2. Soft dollars can be used for contributions to charity at the direction of the client?
I would love to get a better handle on what soft-dollars are. Any readings you can point me in the direction of doing I would be very appreciative.
Sincerely - someone who always manages to fail ethics.