The advisory fees charged by Feltl Advisors are negotiable, but cannot exceed 3% annually. This fee covers the cost of custody and trades executed through RBC. The fee is negotiated between you and Feltl Advisors and is set forth in your client agreement. Please refer to the RBC Wealth Management Advisory Program Disclosure Document Form ADV, Part 2A Appendix 1, Fee Program Brochure for a greater description of the RBC Program Accounts services.