Fees for Principal Securities' advisory services vary based on the selected TPMM program and the amount invested. Fees are negotiable. In promoter arrangements, clients don't pay Principal Securities directly; the TPMM pays a promoter's fee ranging from 0.07% to 1.5% of assets or up to 50% of the advisory fee. In investment adviser arrangements, Principal Securities charges a separate fee, negotiable but not exceeding the listed schedule for SEI programs. AssetMark programs have fees payable quarterly in advance. An administrative fee of up to 0.12% may be used to cover program administration costs for SEI and AssetMark programs opened on or after April 1, 2020. An optional Tax Management Service (TMS) increases the total client fee by 0.10% with a $100 minimum annual fee.