What types of fees do they charge?

Maxwell Robinson & Phelps, also known as MRP Inc, offers a variety of financial services, and their fee structure typically varies based on the specific services rendered. Generally, firms like Maxwell Robinson & Phelps may charge fees in several ways. Common fee types include management fees, which are calculated as a percentage of assets under management, and can often be tiered based on the total investment amount. Additionally, performance fees may apply, where a fee is charged based upon the investment performance exceeding a predetermined benchmark or return threshold. Consultation fees may be associated with initial discussions, especially for clients seeking personalized financial planning or advisory services. Transaction fees can occur if clients engage in buying or selling financial products through the firm. There may also be administrative or service fees that cover various operational costs. It is important to note that specific fee arrangements can vary widely depending on the individual client’s needs and the services selected. As fee structures are subject to change or may be influenced by several factors, prospective clients are encouraged to look on the current web page of Maxwell Robinson & Phelps for detailed and up-to-date information regarding their fee policies.