Portfolio management fees are based on a percentage of assets managed: 1.5% up to $1,000,000 and 1.0% over $1,000,000. These fees are negotiable. Financial planning fees range from $2,500 to $25,000 on a fixed fee basis, or $500 per hour. Pension consulting services are also offered at $500/hour or a negotiated fixed fee. A minimum of $250,000 is generally required to open and maintain an advisory account.