MWAM charges hourly or flat fees for financial planning and consulting, with hourly fees not exceeding $500 and flat fees ranging from $15,000 to $60,000. Retirement plan consulting fees are based on a percentage of assets under management, not exceeding 1.5%. Fees for ancillary business lines and fund products vary. Wrap clients are not charged transaction costs, but non-wrap accounts are charged a fee ranging from 0.25% to 2%, subject to MWAM's discretion. MWAM may receive compensation from insurance carriers or brokers. Referral fees may be paid to third parties for client referrals.