For wealth management clients, fees are based on a percentage of assets under management. The firm generally requires a minimum of $1,000,000 to establish an account, but may accept accounts with less at their discretion. In addition to the basic fee, there is a one-time charge of $500 to set up the account. Clients may also be charged custody fees, asset-based pricing, or transaction fees. Fees are payable monthly or quarterly, with an annual minimum fee of $10,000. Prepaid fees are refunded on a pro-rata basis upon cancellation.