Fee Structure

Mutual funds my clients purchase have fees that the mutual fund companies charge so they can make money and also cover their costs.  Many of my clients invest in Exchange Traded Funds that charge fees very similarly to how mutual funds charge.

My fee schedule according to household assets under management (I combine the assets of families that live under one roof to save my clients money) is as follows:

Assets Under Management Annual Fee
$0 to $49,999 1.20%
$50,000 to $149,999 1.10%
$150,000 to $349,999 1.05%
$350,000 to $499,999 1.00%
$500,000 to $649,999 0.95%
$650,000 to $799,999 0.90%
$800,000 to $999,999 0.80%
$1,000,000 to $1,999,999 0.70%
$2,000,000 to $3,499,999 0.60%
$3,500,000 + 0.50%


I also sell fixed life insurance to my clients that need it.  I shop my insurance policies through a Life Insurance General Agent to get the best products I can for each client.  These insurance products pay me commissions for selling them.  This process creates a conflict of interest where some agents would work hard to make sales even though the products may not be in client’s best interest to purchase them.   I don’t sell my clients insurance they don’t need.  Almost every single insurance policy I sell ends up being term insurance and these policies pay me anywhere from 70 to 100 percent of the first year’s premium as my commission.