The annual fee for individuals is based on a percentage of assets under management. The fee is 1.50% on the first $500,000, 1.00% on the next $1,500,000, 0.75% on the next $3,000,000, and 0.50% on amounts over $5,000,000. Fees are negotiable for larger accounts. Clients may also incur brokerage commissions and/or mutual fund fees, and broker custodian fees. Fees are billed quarterly in advance and may not be refunded in the event of partial or full withdrawal.