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This fee schedule applies to the full financial services as set out in the Client’s Engagement Agreement. Client(s) agrees to pay the fees as follows:
1. Full financial services are available to clients with minimum assets under management of $500,000. If assets under management are less than $500,000, the difference will be charged as a retainer fee.
2. Clients annual fee percentage decreases as assets under management increase based on the following schedule:
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VALUES OF:
Assets up to $500,000
the portion from $500,000 up to $1,000,000
the portion from $1,000,000 up to $2,000,000
the portion from $2,000,000 up to $4,000,000
the portion from $4,000,000 up to $10,000,000
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RATE OF:
2.00% per year (subject to $10,000 minimum)
1.60% per year
1.20% per year
0.80% per year
0.50% per year
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Fees for assets in excess of $10,000,000 are negotiable.
3. Fees are all inclusive and cover both custodial and trading fees except for individual stocks managed through a sub-advisor. All fees are invoiced to the clients in arrears either on a monthly or quarterly basis depending on the custodian holding the funds. Fees deducted from taxable accounts may be tax deductible and fees debited from client’s IRA accounts are not considered taxable distributions.
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©2013 St. John & Associates, Inc. All rights reserved.
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