TAM charges a maximum advisory fee of up to 2% for the management of your Program account. This fee covers portfolio construction, asset allocation, ongoing review, and certain brokerage-related services. The trading cost component is estimated to range from $100 to $500 per account per year. Clients utilizing TAM model strategies and/or third-party money managers will be charged additional fees. The wrap fee does not include private alternative investment fees and expenses, annual account fees or other administrative fees.