| Fee Schedule
After
an initial consultation, fees are determined based on the
complexity of your individual situation. Fees will be
structured
based on:
-
total
assets managed by the firm (see fee schedule below), or
-
as
a flat annual fee or
-
as an
hourly rate
(for situations which
do not require ongoing service)
The fee
schedule below represents the maximum asset-based fees that WMS
may charge. It is a "tiered" schedule, i.e., the first $250,000
invested is invoiced at a 1.50% rate, the second $250,000 is
invoiced at 1.25%, the next $500,000 is invoiced at 1.0%, and so
on.
|
Account
Balance Annual Fee
|
Up
to $250,000:
|
1.50%
|
|
$250,001
- $500,000:
|
1.25%
|
|
$500,001
- $1,000,000:
|
1.00%
|
|
$1,000,001
- $2,000,000:
|
0.85%
|
|
$2,000,001
- $5,000,000:
|
0.75%
|
|
$5,000,001
- $10,000,000:
|
0.65%
|
|
$10,000,001
- $20,000,000:
|
0.55%
|
|
More
than $20,000,000:
|
0.40%
|
|
|
The fee is computed and
billed quarterly, in advance, and is based on the market
value of your account on the last day of the quarter.
Partial quarters are pro-rated.
This schedule may be
discounted for those clients who do not need planning services but do need investment advice.
|
|
