please expplain the concept…
Soft dollars is the amount you pay for brokerage.
Sometimes, all you get is execution: the broker buys and sells for your clients, per your direction.
Sometimes, you get other stuff: the broker sells research, or gives you kickbacks, or buys you a Ferrari, or whatever.
The amount you pay belongs to your clients; what you get for it belongs to your clients. If you get research that helps you make good investment decisions for your clients, that’s OK. If you get a Ferrari, that’s probably not OK.
thks sir…i am able to solve question correctly…
Unless you use the Ferrari to drive your clients around town…
Maybe not even then.
However, if you use it to get to the office quicker so that you can get better prices at the opening bell . . . .
I lol’ed. 
MIght as well live at the office then… 
Buzzkill.