SIA's fee for portfolio management is based on a percentage of assets under management. The minimum account size is $1,000,000, but this may be waived at SIA's discretion. Fees are billed in arrears, either monthly or quarterly. The annual investment advisory fee is negotiable, depending on individual client circumstances. Alternatively, SIA may charge an annual fixed fee for investment management services, typically ranging from $15,000 to $200,000. Advisory fees charged by third-party money managers are separate from SIA's fees.