Portfolio management fees are a percentage of assets under management, with a rate of 1.0% per annum for assets of $1,000,000 or less, and a lower percentage for assets greater than $1,000,000. A minimum of $100,000 of assets under management is required, but this is negotiable. Financial planning and consulting fees can be charged as a percentage of assets, an annual fixed fee, or an hourly rate ranging from $60 to $550 per hour. The actual rate depends on the scope of services and portfolio size.