For investment management, you'll pay a percentage of your assets under management, billed quarterly in advance. The maximum rate is 1.25% on the first $500,000, 1.00% on the next $1,500,000, and 0.85% on amounts over $2,000,000. Financial planning and consulting services are offered for an hourly fee ($100-$400/hour) or a fixed fee (up to $5,000 or more). A minimum of $500,000 is generally required to open and maintain an advisory account, but this may be waived. Additional fees include brokerage, custodial, and investment company expenses.