The per annum rates for management of fixed income and mutual fund accounts are as follows:
- 0.500% of assets on first $5 million
- 0.425% of assets on next $5 million
- 0.375% of assets thereafter
For actively managed individual stock portfolios
- 1.00% of assets on first $5 million
- 0.85% of assets on next $5 million
- 0.75% of assets thereafter
Notwithstanding the above fee schedules, all fees are negotiable.
It is important to note that there may be other fees that a client pays such as the mutual fund fees, brokerage fees, and custody fees.