Lowering Fees

It is very important to me to provide people value. For the many of you that know me, you know that I do this job because I want to help people and I’m very good at it. That value-providing mandate is relevant to my fees. When I first started my business over 20 years ago, my fees were extremely competitive. Recently, the industry has gotten less expensive (for high asset clients) and I want to respond accordingly. I sincerely and wholeheartedly want to provide you with the best work at the best fee. Therefore, I am lowering my fee for all current and future clients (with assets over $750,000). Another reason I am lowering fees is that I want to thank you for your loyalty and your trust.

My Prior Fee Schedule

Rate	Assets Under Management
1.44%	Below $125,000
1.00%	Between $125,000 and $750,000
.90%	Above $750,000

My New Fee Schedule (Effective Immediately)

Rate	Assets Under Management
1.44%	Below $125,000
1.00%	Between $125,000 and $750,000
.85%	Between $750,000 and $1,250,000
.80%	Between $1,250,000 and $1,750,000
.75%	Between $1,750,000 and $2,500,000
.70%	Between $2,500,000 and $3,250,000
.65%	Between $3,250,000 and $4,250,000
.60%	Above $4,250,000

A single rate is applied to the whole account. Compared to my old fee structure, under the new fee structure the cost for a $1 million account would be $500 lower per year and the cost for a $1.5 million account would be $1,500 lower per year. I will still waive personal tax return fees for accounts over $1 million. All services stay the same. I am just lowering my upper end fees. For accounts that are above $5,250,000, we’ll need to discuss a custom rate.