Investment Advisory Fees are paid quarterly in arrears pursuant to the terms of the Investment Advisory Agreement. Investment Advisory Fees are based on the average daily balance of assets under management during the preceding quarter. Investment Advisory Fees are based on the following schedule:
| Assets Under Management | Annual Rate |
|---|---|
| First $1,999,999* | 0.80% |
| Amounts between $2,000,000 – $3,999,999 | 0.70% |
| Amounts between $4,000,000 – $4,999,999 | 0.60% |
| $5,000,000 and over | 0.50% |
*All client relationships are subject to a $500,000 relationship minimum. This minimum may be waived in the Adviser’s discretion. However, any accounts under the stated minimum will be charged an annual fee of 1.00%
Advisory fees are inclusive of financial planning services.
Investment Advisory Fees in the first quarter of service are prorated to the inception date of the account to the end of the first quarter. Investment Advisory Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the size and complexity of the Client relationship. All securities held in accounts managed by Landmark will be independently valued by the designated Custodian. Landmark will not have the authority or responsibility to value portfolio securities.
