Fortis Capital Advisors manages client accounts for a single wrap fee that includes portfolio management service and brokerage costs. The annual wrap fee will not exceed 2.50% of the portfolio value. Fees are billed in advance at the beginning of each calendar quarter. A minimum annual fee of $10,000 may apply, but may be waived or reduced at Fortis' discretion. Clients may pay a higher or lower fee if they were to engage another advisor. Fortis is compensated 0.15% as a platform fee, which is charged universally to all clients. If a Fortis model portfolio is used, Fortis is compensated with an additional 0.30% for managing the portfolio internally.