You'll be charged an advisory fee ranging from 0.75% to 1.30% annually, based on your account's average daily value and the model selected. This fee is not negotiable and is debited quarterly in advance. TRA typically receives between 0.55% and 0.75% of the total advisory fee. The advisory fee does not cover brokerage fees, transaction charges, or the fees and expenses charged by mutual funds and ETFs. Minimum account balances range from $10,000 to $75,000 depending on the model, but may be waived in certain instances.