The firm charges an annual management fee based on the value of assets managed. For DST investments, a separate, individually negotiated asset-based fee applies. Fees are assessed monthly or quarterly. The firm may negotiate fees based on client type, account size, or pre-existing relationships. Clients are responsible for custodial fees, brokerage commissions, and other expenses. A $30 annual technology fee is applied to every open client account for clients who access SAM through a TPIA or TAMP.