by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Board of Trustees? Board of Trustees is a group of individuals that oversee the affairs of an organization. Board of trustees is often appointed or elected to supervise the management of an organization. Board of Trustees can be found in a business, an...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Personal Service Corporation? A personal service corporation refers to a corporation purposely created by professionals to provide personal services and take advantages of a lower rate of taxation on profits. The owners of the corporation provide the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is an Outside Director? An outside director refers to an independent director of a company who is not an employee of the company. A member of a company’s board of directors who is not a stakeholder in the company and has no financial relationship with the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Publicly Traded Partnership? In a business setting, a firm can be owned by a single individual, or a group of persons. A firm which is owned by a single person or partnership can either be traded on a private market or on a public market. A publicly traded...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Corporate Financing Committee?The Corporate Financing Committee is a FINRA advisory committee that presents feedback and reviews on rule proposals. It is made up of a number of representatives from various firms. This committee has a number of tasks, with...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Institutional Shares? Institutional shares refer to a category of mutual fund shares that are available for just institutional investors. In a mutual fund share, institutional shares are the only investment class that commands the smallest expense ratio. This...
