Broker Check

Our Fees

Our annual advisory fee is charged as a percentage of the assets under management on a stepped scale and is debited monthly from client accounts. The fee covers transactional costs, all primary services, including investment management, custody, financial planning, estate planning, tax planning and administration.

Advisory Fee Scale*

1.45%

from $0 to $250,000

1.30%

from $250,000 to $750,000

1.15%

from $750,000 to $1,750,000

1.00%

from $1,750,000 to $5,000,000

0.50%

from $5,000,000 to $10,000,000+

Advisory Fee Calculation Sample 1
Based on a market value of $1,000,000

1.45% X $250,000=

$3,625

1.30% X $500,000=

$6,500

1.15% X $250,000=

$2,875

1.00% X $0=

0

TOTAL=

$13,000

PERCENTAGE OF ACCOUNT=

1.30%

Advisory Fee Calculation Sample 2
Based on a market value of $5,000,000

1.45% X $250,000=

$3,625

1.30% X $500,000=

$6,500

1.15% X $1,000,000=

$11,500

1.00% X $3,250,000=

$32,500

TOTAL=

$54,125

PERCENTAGE OF ACCOUNT=

1.08%

* Exceptions

  • Wire and account maintenance fees
  • Grant-making fees (operational and transactional costs related to processing gifts)
  • Costs related to estate settlements
  • Third-party Professional Money Managers: Add .25% - 1% to Fee Scale depending on the specific manager(s) chosen
  • Minimum annual fee is $2,000

Range of Fees in Industry

Source: Dr. James Grubman, State Street Global Advisors SPDR University 2012