Fees & minimums
Documented fees, no surprises.
Three fee structures, disclosed in writing before engagement. The comparator below shows the effective annual rate at each asset level. All figures are illustrative sample data marked [data-demo].
Minimum assets by service
Wealth planning
$2.5M
Investment management
$5.0M
Family office
$25.0M
Philanthropy
$1.0M
Fee structures
AUM tiered
Annual fee calculated against assets under management, declining on tiers.
| Up to | Rate |
|---|---|
| $10.0M | 1.10% |
| $25.0M | 0.85% |
| $50.0M | 0.65% |
| $100.0M | 0.50% |
| above | 0.35% |
Flat annual
Fixed annual retainer independent of portfolio size, plus per-transaction custody costs.
$42,500 per year
Retainer plus
Lower fixed retainer with a reduced AUM rate on the managed portfolio.
| Up to | Rate |
|---|---|
| $25.0M | 0.40% |
| above | 0.25% |
| Plus retainer | $18,000/yr |
Compare effective rates
Adjust the portfolio size to see the effective annual fee for each structure. The calculator runs entirely in your browser.
Range: $1M to $100M.
Effective rate 1.10%
Effective rate 0.43%
Effective rate 0.58%
Effective rate by portfolio size
Sample asset levels, computed from the schedules above.
| Assets | AUM tiered | Flat annual | Retainer plus |
|---|---|---|---|
| $5.0M | 1.10% | 0.85% | 0.76% |
| $10.0M | 1.10% | 0.43% | 0.58% |
| $25.0M | 0.95% | 0.17% | 0.47% |
| $50.0M | 0.80% | 0.08% | 0.36% |
| $100.0M | 0.65% | 0.04% | 0.31% |
Additional costs
- Custody0.0008 of AUM annually
- Fund expensesPassed through at cost
- Transaction costsPer execution, disclosed in statements
Tiered rates apply to each band of assets, not to the whole portfolio. Effective rates are shown at example asset levels and rounded. Your fee schedule is confirmed in your client agreement.