The annual fee for portfolio management is a percentage of assets under management: 1.00% for assets between $500,000 and $1 million, and 0.50% for assets above $1 million. SC may discount fees for charitable nonprofit organizations or foundations. A minimum of $500,000 of assets under management is required, but this may be negotiable. Fees are directly debited from client accounts in arrears at the beginning of each calendar quarter. Clients are also responsible for fees charged by ETFs, annuity separate accounts, mutual funds, custodians, and broker-dealers.