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Fees for portfolio management services are assessed
as a percentage of the account assets under management, calculated, invoiced and payable quarterly in arrears according to
the following schedule:
Discretionary account management:
|
Account size Fee – Annual / Quarterly
(% of assets under management) |
|
The first |
$ 500,000 |
* |
1.00% |
0.25 % |
|
The next |
$1,500,000 |
|
0.75% |
0.1875 % |
|
Assets over |
$2,000,000 |
|
0.50% |
0.125 % |
|
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- The
normal account minimum of $1 million is negotiable based upon adviser-client relationship and at the sole discretion of the
investment adviser.
- Fees
will be pro-rated for services terminated prior to a quarter’s end.
Additional fees: The fees paid to the advisor for portfolio management do not include other, related costs
that the client may incur. Such additional costs may include brokerage commissions
or fees and mutual fund commissions or fees. The adviser does not receive any
portion of these commissions or fees and is compensated solely through the investment advisory fee.
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