- Info gathering and assessment of needs
- Discussion of goals and details
- Meetings are performed by phone and/or in person
|Assets under management||$0 up to $250,000||Over $250,000 up to $500,000||Over $500,000 up to $1,000,000|
|Offered Reviews||1 per year||2 per year||2 per year|
|Assets under management||Over $1,000,000 up to $2,000,000||Over $2,000,000 up to $3,000,000||Over $3,000,000 up to $5,000,000|
|Offered Reviews||3 per year||3 per year||3 per year|
|Assets under management||Over $5,000,000 up to $7,500,000||Over $7,500,000 up to $10,000,000||Over $10,000,000|
|Offered Reviews||4 per year||4 per year||4 per year|
*The annual fee rate used to calculate the Program Fee is based on the total value of all Client’s Accounts in the Klaas Investment Portfolio (“KIP”) Program at the end of each calendar quarter, as shown in the table below, subject to a minimum fee of $1,500 annually. Fees are charged quarterly in arrears. The annual fee rate is not blended; all Client’s Accounts in the KIP Program will be charged the rate applicable to the total value of all Client’s Accounts. Client’s Accounts may be combined in a “household” for purposes of meeting the fee breakpoints below. Generally, a household would include accounts of the Client and Client’s spouse or partner, and minor children residing within the same residence as Client, and the accounts of any trust whose beneficiaries are any of the above-described persons. However, Klaas may include or exclude accounts at Klaas’s discretion.
|Hourly||$250 per hour for all services rendered|
|Fixed Fee||A fixed fee for time and services related to the creation of a financial plan or a particular project requested.|
|Monthly Retainer||$75 per month allows for monthly budgeting of financial services for up to 4 hours of services per year.|
*Some clients may be grandfathered under other fee and service arrangements, which in some cases included enhanced services at a higher rate.