Asset management fees are based on a percentage of assets under management. Financial planning services are included for managed account clients. Financial planning fees are charged at an hourly rate of $250, negotiable based on complexity. The minimum to open and maintain an advisory account is generally $250,000, but this may be waived at the firm's discretion. MCM also offers clients an annualized fixed fee for managed accounts ranging from 1.25% to 0.75% on the value of assets under management. The final fee is negotiable based on the size, asset composition and complexity of the client account.