Financial planning fees are fixed, with a typical minimum charge of $2,500, determined by scope and complexity, and are negotiable. This fee is usually waived for new clients who engage Family Legacy to provide investment management services for portfolios with more than $1,000,000 of assets. Investment management fees range from 0.7% to 1.25% annually, based on assets under management. These fees are negotiable. Portfolio management fees for held-away accounts range from 0.25% to 0.75% per year. Insurance commissions are received for selling insurance products.