Cadaret Grant offers both wrap fee and non-wrap fee options within its Contour program. Wrap fee accounts include all transaction costs in a single fee, while non-wrap accounts charge advisory fees plus separate transaction fees. The total fee consists of a program fee, an advisory fee (negotiated with your IAR, not exceeding 2.25% in APM and 2.00% in FSP, SMA and UMA, except for annuity subaccount management in APM, where it will not exceed 1%), and a manager fee (for FSP, SMA, and UMA programs, ranging from 0.00% to 0.75%). Fees are billed monthly or quarterly in advance, based on the fair market value of your assets. Householding of accounts may be available for a lower fee.