Fees are negotiable and vary based on the size of the client relationship, complexity of investment strategies, service intensity, and other factors. Fees are generally based on a percentage of assets under management. Stand-alone financial planning services are offered on an hourly basis (up to $350/hour) or a fixed fee basis, negotiated based on the expected hours. Fees may be included in an overall investment management relationship. Clients are responsible for fees charged by financial institutions.