FEE SCHEDULE
|
Market Value of Assets |
Annual Fee as a Percent of |
|
Up to $1 million |
1.0 % |
|
$1 million to $3 million |
0.75% |
|
$3 million to $5 million |
0.6% |
|
$5 million and above |
0.5% |
Fee Illustration
|
Portfolio with $1.7 million market value Q2 2012 |
||
|
$1 million @1.0% |
$10,000 |
|
|
$700,000 @ 0.75% |
5,250 |
|
|
Total |
$15,250 |
|
|
Q2 2012 fee: |
$3,812.50 |
($15,250 x .25) |
Conscientious cost control and an equitable fee structure help increase net returns to Terril clients. Fees, which are negotiable, are calculated and billed quarterly. Terril does not bill in advance. Advisory contracts can be cancelled at any time without penalty.