Portfolio Mark-up

Asset Managers get paid based on a percentage of assets under management.

PRE-OPEN MARKET COMMENTS THURSDAY - There's a reason stocks rally into year end. There is disincentive for Asset Managers to sell. They get paid based on the percentage of assets under management. When the portfolio is worth more, they get paid more. They also know that investors like opening their year-end statements when the market closes strong for the year.

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