Schedule of Fees
For the asset management service, you pay
a quarterly fee based on the total asset value under management
at the end of each quarter. [See chart below.] If your account
is managed for only a portion of the quarter, then the fee
is prorated. Fees are debited directly from your brokerage
account and a quarterly invoice is sent that shows the fee
and how it was computed. Fees are paid quarterly in advance.
| Up to $2,000,000
|On the balance above $2,000,000
|Minimum Account Size
For the financial planning service, you
pay an hourly rate. The current rate is $155 an hour. The
initial interview is at no charge or obligation – this
first meeting lasts about a half hour.
For ongoing hourly financial planning, fees
are billed monthly and due within 30 days. New financial planning
clients make an initial deposit of $1,085 retainer before work
begins. At your request, this is refunded if not earned within
six months. Each of us has the right to terminate the relationship
at any time.
How much money do you need to start a financial
program with us?
The asset management service is comprehensive
and ongoing. The minimum account size is $250,000. Family
accounts may be combined to meet the minimum account size.
The financial planning service is based
on an hourly fee, with follow-up as requested by the client.
The current hourly rate is $155/hour. Please note that investment
advice is not provided on an hourly basis.