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Fee Schedule
Investment Advisory Fees:
| Assets Under Management (AUM) |
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Annual Percentage |
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Class |
Class |
Class |
Class |
Class |
Class |
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6 |
5 |
4 |
3 |
2 |
1 |
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Under |
$ 100,000.00 |
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2.00% |
1.50% |
1.20% |
1.00% |
0.80% |
0.60% |
| $ 100,000.00 |
to |
$ 499,999.99 |
|
1.50% |
1.20% |
1.00% |
0.80% |
0.60% |
0.40% |
| $ 500,000.00 |
to |
$ 999,999.99 |
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1.20% |
1.00% |
0.80% |
0.60% |
0.40% |
0.30% |
| $1,000,000.00 |
to |
$2,499,999.99 |
|
1.00% |
0.80% |
0.60% |
0.40% |
0.30% |
0.25% |
| $2,500,000.00 |
to |
$9,999,999.99 |
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0.80% |
0.60% |
0.40% |
0.30% |
0.25% |
0.20% |
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Over |
$10,000,000.00 |
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TBD |
TBD |
TBD |
TBD |
TBD |
TBD |
Example of how fees are calculated:
- For a $1,000,000 Class 3 account
$99,999.99 X 1.00% = $1,000
$399,999.99 X .80% = $3,200
$499,999.99 X .60% = $3,000
$1.00 X .40% = $0
Total Annual Charge = $7,200
This equates to .720%
Charges are negotiable and billed quaterly in advance. For client with assets held at TCS Financial Services preferred custodian, TDAmeritrade Inc., fees can be automatically deducted from the clients account. After 2 years TCS generally reduces fees by a class contigent on philosphy being kept the same and not a significant deduction in the amount of assets under management. There is a minimun annual fee of $500.00 on all accounts.
Classes are determined after initial discussion and are contingent on expected activity, philosphy to be employed, growth potential and assets under management as well as other factors
For certian experienced clients TCS Financial can allow "do it yourself" accounts for an annual .25% fee. DYI clients will recieve reports however TCS Financial Services assumes no responsability for portfolio design and does not provide advice offered to normal AUM clients.
Financial Planning Fees:
| Gross Income |
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Net Worth |
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First Year Fee |
| (1) |
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(2) |
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(3) |
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| $0 to $100,000 |
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$0 to $100,000 |
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$450 to $2,500 |
| $100,001 to $150,000 |
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$100,001 to $750,000 |
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$1,500 to $5,000 |
| $150,001 to $300,000 |
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$750,001 to $1,500,000 |
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$2,500 to $8,000 |
| $301,001 and over |
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Over $1,500,000 |
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$3,500 to $10k |
Clients whose income and/or net worth cannot be properly determined by this schedule will have their fees set by special analysis.
(1) Gross Income is defined as total projected income for the current taxable year.
(2)Net Worth is gross assets less liabilities calculated on a computerized model.
Comprehensive Financial Plan Yearly Review Fee : Flat fee based on the complexity of the work to be done. Usually ranges from $1,000 to $5,000.
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