Investment management fees are based on a percentage of assets under management: 1% on the first $1,000,000, 0.75% on the next $500,000, and 0.5% on assets above that. Some accounts under $500,000 are charged $1,250 quarterly. There is also a $10 minimum quarterly fee per client account. Financial planning fees are either hourly at $300/hour (ranging from $1,500 to $15,000) or an annual retainer (ranging from $3,000 to $15,000), depending on complexity. All fees are subject to negotiation.