Fees
Fees:
Please review our Disclosure Brochure’s section on Fees & Compensation, starting on page 5
- How are fees calculated?
- We offer services for a fee based upon assets under management. This management fee varies in accordance with the following fee schedule:
- We offer services for a fee based upon assets under management. This management fee varies in accordance with the following fee schedule:
|
PORTFOLIO VALUE |
ANNUAL FEE |
QUARTERLY FEE |
|
Up to $1,000,000 |
1.00% |
0.25% |
|
$1,000,001 - $2,000,000 |
0.75% |
0.1875% |
|
Above $2,000,000 |
0.50% |
0.125% |
- The above fee schedule is based on hard break points. For example, a client with assets under management by the Firm of $1,200,000 will pay 0.75% annually, or 0.1875% quarterly on all of the assets.
- The annual fee is prorated and charged quarterly, in arrears, based upon the market value of the assets managed by us on the last day of the quarter
- For the initial period of an engagement, the fee is calculated on a pro-rata basis as we start to manage the assets.
- In the event that the advisory agreement is terminated, the fee for the final billing period is prorated through the effective date of the termination and the outstanding portion of the fee is charged
- Clients can negotiate a lesser fee; we may, in our sole discretion, agree to charge a lesser fee.
