To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
Fines approach $500k for adviser over share class issues
Paradigm routinely selected higher cost Class A shares instead of lower cost mutual fund share classes for which clients were eligible, and thereby avoided incurring transaction fees that it otherwise would have had to pay. Paradigm avoided $323,761 in transaction fees in situations where clients had a lower cost mutual fund share class available to them.
