Management fees are based upon a percentage of the assets under management and are paid pro-rata in January, May, and September. Fees are paid in advance at the beginning of each billing period, and are assessed based upon the account asset value(s) on the last business day of the previous billing period. When an account is established, the management fee is charged for the remainder of the current billing period and is based upon the initial contributions. Some transaction fees are passed on to our clients and could be higher in the first year as our strategy is implemented.
The ongoing management fees* based upon assets are as follows:
ASSETS UNDER MANAGEMENT: Over $1.8 billion
OFFICES: Columbia, Maryland; Miami, Florida; Naples, Florida
Assets Under Management
Next $1,000,000 ($500,001 – $1,500,000)
Next $1,000,000 ($1,500,001 – $2,500,000)
Next $1,000,000 ($2,500,001 – $3,500,000)
Next $1,500,000 ($3,500,001 – $5,000,000)
- Clients with $650,000 in assets under management (AUM) will be charged annually 1.3% of the first $500K, plus 0.85% on the next $150K.
- Clients with $2,750,000 AUM are billed 1.3% on the first $500K, plus 0.85% on the next $1M, 0.80% of the next $1M, plus 0.75% of the remaining $250K.
- Clients with $6,250,000 AUM are billed 1.3% on the first $500K, plus 0.85% on the next $1M, 0.80% of the next $1M, plus 0.75% of the next $1M, plus 0.70% of the next $1.5M, plus 0.60% of the remaining $1.25M.
* The fee schedule above is for new individual clients of Pinnacle Advisory Group, Inc. who meet the minimum asset management requirement and who are assigned a Pinnacle advisor to assist them with financial planning and investment management objectives. This fee schedule is not necessarily in place for institutional/401(k) management or other ancillary business areas at Pinnacle.