Our annual fee
The fee is a percentage of the assets we manage for you. The rate steps down as your assets grow, and each rate applies only to the dollars in that tier.
| Assets we manage | Annual rate on that portion |
|---|---|
| First $250,000 | 1.50% |
| $250,001 to $500,000 | 1.25% |
| $500,001 to $1,000,000 | 1.00% |
| $1,000,001 to $3,000,000 | 0.90% |
| $3,000,001 to $5,000,000 | 0.75% |
| Above $5,000,000 | 0.50% |
Workplace retirement accounts we manage, such as a 401(k), 403(b), or 457, are 0.50% a year.
Everything is included. Your fee covers portfolio management, your financial plan, and your retirement withdrawal plan. There are no hourly charges or planning fees.
What that looks like
| If we manage | Annual fee | Per quarter | Overall rate |
|---|---|---|---|
| $250,000 | $3,750 | $938 | 1.50% |
| $500,000 | $6,875 | $1,719 | 1.38% |
| $1,000,000 | $11,875 | $2,969 | 1.19% |
| $2,000,000 | $20,875 | $5,219 | 1.04% |
Examples are rounded and assume the same balance all year. Your actual fee is based on your account value each quarter.
Minimum
Our minimum is $250,000 in combined accounts, which works out to a minimum annual fee of $3,750. We can sometimes adjust the minimum or the fee, for example for related accounts or long-standing relationships. Just ask.
How billing works
Fees are billed each quarter, in advance. With your permission, we deduct the fee directly from an account you choose, and it shows on your statement. You can pay another way if you prefer. You can end our agreement at any time with 7 days' written notice, and any unused fee is refunded.
Other costs to know about
- Fund expenses. ETFs and mutual funds charge their own small annual fee, called an expense ratio. It's paid to the fund company, not to us.
- Custodian charges. Your custodian may charge small trading or account fees.
Full fee details are in our Form ADV Part 2A, Item 5. Fees may be negotiable in some circumstances.