The firm manages separate accounts with a minimum relationship requirement of $1,000,000 in assets. The annual fee is 1.00% on the first $5,000,000 and 0.50% on assets above $5,000,000. For relationships with total assets below $1,000,000, the fee is 1.25%. Fees are billed quarterly in arrears, though some legacy clients are billed in advance. Fees can be negotiated. For educational accounts like a 529, OPCM will charge an annual fee of 0.30% on assets under management. If a client requests the firm to hold cash for a special purpose, has a concentrated position or has low cost securities that the client desires periodic counsel on but does not want included in day to day discretionary management, the firm usually request s clients maintain a non -discretionary service account and charge s an annual fee of 0.25% of assets under management. OPCM’s fees for managing 401K plans range from 0.50% to 1.00% of the plan assets.