Portfolio Management Fees
Fees are charged for managing investment portfolios as a percentage of assets under management. The following schedule applies to AUM for individuals, estates, trusts, pension plans, and charitable organizations.
ASSETS UNDER MANAGEMENT ANNUAL FEES
Up to $1,000.000 1.25%
$1,000,001 to $5,000,000 0.95%
$5,000,001 to $10,000,000 0.50%
$10,000,001 to $25,000,000 0.25%
$25,000,001 and greater 0.20%
The fees are graduated and paid in arrears on a quarterly basis billed to the client and debited directly from the portfolio. The minimum account size is $200,000 and the minimum annual fee is $2,500. Clients with investable assets under the minimums will be considered based upon their overall situation.