We charge a fee based on the amount of assets we manage for you, using incremental rates. For example, the first $500,000 is billed at 1.20%. The minimum annual fee is $5,000, which is the equivalent of $416,666.67 in assets under management. Fees are billed quarterly in advance. The fee on cash in managed accounts may exceed the money market yield. Fees are negotiable for accounts over $10,000,000.