IARs are compensated by charging an advisory fee or a combination of advisory and promotion fees, disclosed as a percentage of assets under management, subject to a stated maximum. Fees are deducted quarterly in advance, based on the average daily balance from the previous quarter. Inter-quarter deposits or withdrawals of $10,000 or more will be prorated. The level of the fee will vary with the amount of assets under management and the investment options chosen. The brochure mentions a minimum account fee may be applied to smaller accounts, but does not specify the amount.