Account Management

Compensation for investment advice and management can be set up through the following avenues:

Brokerage Account

Brokerage Account

We typically use brokerage accounts to hold money market positions and concentrated stock positions so clients don’t get charged advisory fees on these assets.

Advisory Account

Advisory Account

  • No commissions are charged.
  • Annual fee charged as a percentage of the account balance.
  • The fee is determined by the amount of total household advisory assets that we manage for you and your family.
  • 15% discount for public service – military, law enforcement, EMT, and firefighters.
  • As part of our standard service package, clients who pay us an Advisory Fee to manage their accounts will receive advice on all of the topics outlined on the Services – Individual page of our website.
  • Blended Fee rate
Table Example
Household Advisory Assets Advisory Rate
First $500,000 1.300%
Next $1,000,000 0.850%
Next $1,000,000 0.800%
Next $1,000,000 0.750%
Next $1,000,000 0.700%
Next $500,000 0.600%
Next $5,000,000 0.100%

*PPS Custom Program (Platform) Account client will pay an annual management fee, as outlined in the blended fee schedule above.

*In addition to the annual management fee, PPS Custom Program clients may pay platform fees, administrative charges, and miscellaneous account fees and charges, as described in the Master Services Agreement (MSA) or PPS Client Agreement (as applicable) and Commonwealth’s ADV Part 2A Brochure.

Financial Plans for Individuals & Families

We believe in being transparent about how we get paid. Below outlines the various ways clients can compensate us for our services.

Compensation is received by paying a one-time consulting fee.

Each plan typically takes our firm approximately 20 to 60 hours to complete depending on how complex your financial situation is.

How Financial Professionals Are Compensated

How Financial Professionals Are Compensated

Read this overview to learn how financial advisors are compensated.

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