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FEE SCHEDULE AND ACCOUNT MINIMUMS
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| Stock Portfolios |
Asset Allocation |
High Dividend Portfolios |
| Minimum Account: |
Minimum Account: |
Minimum Account: |
| $100,000 |
$75,000 |
$100,000 |
| Fees: |
Fees: |
Fees: |
| 1.2% per year, first $2,000,000 |
.80% per year for first $2,000,000 |
1.0% per year for first $2,000,000 |
| 1.0% per year, over $2,000,000 |
.70% per year over $2,000,000 |
.80% per year over $2,000,000 |
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LOWER MANAGEMENT FEES THAN MANY FINANCIAL ADVISORS
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All three of my stock portfolios will have significantly lower total management fees compared to a financial advisor who buys mutual funds exclusively
for his clients. The mutual funds will have a management fee of 1% to 1.5% and the advisor will charge an additional fee of 1% or more. This results
in a management fee of 2% to 2.5%. My stock portfolios range from 1% to 1.2% in management fees.
Hiring a money manager to buy mutual funds or Exchange Traded Funds (ETFs) is less cost effective than hiring the money manager directly. This is why
my management fees are lower for my Asset Allocation portfolio which uses ETFs and mutual funds.
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NO HIDDEN FEES OR COSTS
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The only fees and costs will be my management fee and the commissions charged by Scottrade for each trade which is where I recommend that my clients
have their assets held. To protect my clients, I do not take custody of any client assets.
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