Fee Structure

Our team's fee-based approach means that our compensation is based on the value of your account and not based on the level of trading, eliminating a potentially significant conflict of interest.

Fee-based money management account charges are deducted from client accounts quarterly and include wealth management and financial planning services as needed.

Although primarily fee-based, we recognize that this approach is not ideal for all accounts since not all assets require ongoing management. Many clients we work with have concentrated security positions, low tax basis security positions, large investment–grade fixed income portfolios and insurance products, or want to enjoy online capabilities to manage a separate account themselves. For these clients, we may establish segregated traditional brokerage accounts with no management fees and discounted commissions. Maintaining these accounts with us includes periodic review, consolidated statement and performance reporting.

Our minimum total household account(s) is $1 million; however, we analyze and then discuss with each prospective client his or her situation to determine if the potential exists for a mutually fulfilling and rewarding long-term relationship.

In managing your assets for a fee or, as appropriate, maintaining assets in a traditional discounted brokerage account as described above, we take great pride in the transparency of our compensation. Knowing what you are paying for in exchange for our services is key to building a relationship based on trust and respect.

In a fee-based account clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2A as well as the client agreement.