Investment advisory fees are negotiable, up to 2.50% annually, depending on the client relationship's size and complexity. Institutional and separately managed accounts have maximum fees based on AUM, which are also negotiable. Family office management has fixed annual or hourly fees, ranging from $25,000 to $750,000 annually or up to $1,250 hourly. Issuer advisory service fees can be as high as $1,000,000 per exempt issue. Third-party manager fees include BlueSkye's fee of 0.25% per year on top of the manager's fee. A minimum account fee of $300 per year, paid quarterly, is charged if the account falls below $15,000.