Fees are calculated quarterly in arrears based on the value of your investment account. The maximum annual advisory fee is 2.00% on the first $500,000, 1.50% on the next $500,001 - $999,999, and 0.70% on amounts over $1,000,000. Some accounts may be subject to a Small Account Set-Up fee. Donor Advised Fund program Clients are subject to Advisory fees not to exceed 1% per annum (in excess of Affiliated Fund Fee Credit).