The objective of Staging procedures is to provide a standard system of initial placement for. responding apparatus, personnel, and equipment prior to assignment at tactical incidents. Effective utilization of these procedures will: Prevent excessive apparatus congestion at the scene.
Wrap Fee. What is a 'Wrap Fee'. A wrap fee is a comprehensive charge levied by an investment manager or investment advisor to a client for providing a bundle of services, such as investment advice, investment research and brokerage services.
For example, a financial firm may charge .75 percent of assets under management as their annual fee. This means that regardless of your investment choices, you will pay the .75 percent fee every year. Usually, financial advisors who have a fiduciary duty to their clients are fee-only. Fee-based.