Fees

Assets under management are subject to annual financial services fees as follows:

Equity and Balanced Accounts

• Fees on first $500,000: 1.00%
• Fees on incremental amount $500,000 to $1,000,000: 0.95%
• Fees on incremental amount $1,000,000 to $2,000,000: 0.85%
• Fees on assets over $2,000,000: Negotiable

Fixed Income (primarily bonds)

• First $1,000,000 of assets: 0.65%
• On the assets over $1,000,000: 0.50%