IEQ's management fees are negotiable, up to 1% annually, depending on the client account, relationship with the firm, asset size/complexity, and investment strategies. Some clients have a minimum quarterly fee starting at $6,250, though some negotiate lower minimums. Fees are typically based on the prior quarter-end net asset value and paid quarterly in advance, though some legacy clients pay in arrears. IEQ may also negotiate a fixed dollar amount fee. Clients investing in private funds for which IEQ serves as a sub-adviser will pay a sub-advisory fee of up to 1.0% directly from the applicable Access Fund in lieu of collecting management fees for those assets under the IMA.