Fees are based on a percentage of assets under management (AUM) or a fixed-fee basis and are generally negotiable. The tiered AUM fee schedule is: Up to $500,000: 1.75%, $500,001 to $1,000,000: 1.50%, $1,000,001 and $2,500,000: 1.25%, Over $2,500,000: Negotiable. Investment consulting on a limited engagement basis is available for a fixed fee. Fees are exclusive of transaction fees, custodial fees, and direct investment manager fees.