Investment management fees are calculated quarterly, either in advance or arrears, based on the account's average daily balance. The maximum annual advisory fee is 1.25%. A minimum annual fee of $2,500 per household may be imposed, but fees are negotiable. Financial planning is included in investment management fees. If financial planning is the only service provided, the hourly rate is $250. Certain clients may incur a $10 quarterly fee for third-party administrative services.