Fees

As with most discretionary accounts, fees are levied as a percentage of the market value of the portfolio. As outlined in the table below, the fee declines as the assets under management increase. There are several advantages to fee-based investment management, which include:

• portfolio manager is rewarded for superior performance
• fees are lower than most wrap accounts or mutual funds
• professional management fees may be tax deductible for non-registered accounts

The fee schedule below has proven to be optimal for various asset levels.