The firm charges an annual fee based on a percentage of assets under management. The specific fee schedule varies depending on the investment strategy selected. For example, the Aggregate Strategy fee starts at 0.25% on the first $25 million and decreases for larger accounts. A minimum of $5,000,000 of assets under management is typically required for separate account portfolio management services. Fees and minimums for mutual funds are established in the Prospectus. The firm may negotiate fees on a client-by-client basis.