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| Portfolio Size |
Annual Fee |
| $0 – $50,000 |
2.75% |
| $50,000 - $100,000 |
2.50% |
| $100,000 – $250,000 |
2.00% |
| $250,000 – $500,000 |
1.75% |
| $500,000 – $1,000,000 |
1.50% |
| Greater than $1,000,000 |
1.25% |
Rates are subject to modification for nonprofit
organizations. Fixed income portfolios and certain other situations are
determined on a case-by-case basis.
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Clients are charged an annual fee for services. Fees
are billed quarterly and payable in advance. Each calendar quarter billing
will be one-quarter of an annual fee rate applied to the market value of
the account at the end of the preceding quarter.
Custodial Agreement
Fieldstone has a custody/brokerage arrangement on
behalf of its clients with TD Waterhouse, a highly-rated deep discount broker.
There are no account charges and clients receive monthly statements from
Waterhouse as well as copies of all trade confirmations. Funds not invested
in securities are held in an interest-bearing money market account. For
certain accounts, check-writing and debit card options are available at
no cost.
For more information about these and other services,
go to www.TDWaterhouse.com
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