• Retrocession fees are kickbacks to an asset manager or other wealth manager provided by a third party.
  • Retrocession fees are controversial in the financial world because the money is returned to marketers for promoting certain products.
  • Retrocession fees are generally recurring, and one-time rollbacks are commonly referred to as search fees, referral fees, or acquisition fees.
  • Types of retrocession fees include depository banking, trading, and purchasing financial products.