FEE STRUCTURE

Our Clients pay the Advisor a quarterly investment advisory fee based on the following schedule: 
 
​
Assets Under Management ($)            Annual Rate (%) 
Up to $500,000                                           1.30% 
$500,001 to $750,000                                1.15% 
$750,001 to $1,000,000                              1.00% 
$1,000,001 to $1,500,000                            0.85% 
$1,500,001 to $2,000,000                           0.60% 
$2,000,001 and over                                  0.45%

 
Investment advisory fees are payable in advance of each quarter, based on the fair market value of portfolio assets under management in the Account at the end of the preceding quarter. The investment advisory fee in the first quarter of the Agreement shall be prorated from the inception date to the end of the first quarter. 
Fees are calculated based on the quarter-end security valuations as provided by the Client’s designated Custodian (as noted in Item 4.). Investment advisory fees will be deducted from the Client Account by the Custodian. The Client will provide written authorization to the Advisor for the deduction of advisory fees on any forms from the Custodian. The Advisor or its delegate shall instruct the Custodian as to the amount of the fees to be deducted from the Client’s Account[s]. In addition, the Advisor will provide the Client a written invoice itemizing the fee, including the calculation period covered by the fee, the account value and the methodology used to calculate the fee. Clients will receive independent statements from the Custodian no less frequently than quarterly. 
Expenses related to the ordinary servicing of the Account, including custody fees, security transaction fees, and/or program fees shall be paid by the Client. Other non-ordinary fees or fees incurred at the direction of the Client shall be paid by the Client. Operating fees of mutual funds and other investment product fees are deducted from the asset value of those investments as defined in the prospectus of the sponsor for each product.