What is Your Fee Structure?

What is Your Fee Structure?

How are you compensated? We charge a percentage for the assets under our management according to a schedule outlined in our Investment Advisory Agreement. We are not compensated through commissions nor are we reimbursed from the implementation of any of our recommendations. We build a lifetime comprehensive plan from your goals, not with a particular investment model or product.

Do you have a portfolio minimum? Our minimum investment management portfolio value is $250,000*. This amount includes assets held in taxable accounts, as well as assets in tax-deferred accounts, such as IRAs and company retirement plans. Our fees range from 1.0% to 2.0% annually, depending upon the size of the portfolio. Fees are based on the value in the account on the last day of each quarter and are billed in advance. Unless other arrangements are made, fees are deducted from client accounts.

*The minimum portfolio requirement applies to total aggregate value and not the per account value. The minimum can be waived for portfolios slightly below the minimum, for special circumstances such as pre-existing relationship, if the portfolio is expected to reach the minimum size within 12 months, or at our discretion.

Are your fees tax deductible? We do not give tax advice and personal situations differ. However, Section 212 of the Internal Revenue Code permits an itemized deduction for tax and/or investment advice in the miscellaneous section of Schedule A. Please note that it is subject to a 2% floor of the adjusted gross income on a personal tax return. Please consult your tax advisor on your personal situation.