The scope of work and fee for a discretionary investment advisory agreement is provided to the client in writing prior to the start of the relationship. The fee schedule for clients is:
- 1.00% on the first $1,000,000 of assets under management;
- 0.75% on assets in excess of $1,000,000.
All fees are billed quarterly, in arrears, with the minimum annual fee $5,000. Fees are negotiable, and client relationships may exist where the fees are higher or lower than the fee schedule above.
Some individuals have limited assets and may not require on-going financial planning or asset management services. For those clients, a one-time project fee would be determined.
There are no fees to prospective clients for an initial meeting.