Portfolio management fees are negotiable, with a maximum of 2% annually on the first $10 million and 0.55% on amounts above that. Fees are billed quarterly in advance. Financial consulting services are billed at $350 per hour. Certain qualified clients may be charged a performance-based fee. The firm may combine account values of family members to determine the applicable advisory fee. Class 1 shareholders of the Collective Investment Funds are charged 0 basis points. Class 2 is available to other investment advisers and the fee is 25 basis points on the assets managed.