Fee StructureClients 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 AgreementFieldstone 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