Under fee-based advisory agreements, annual fee agreements range from .75% to 1.5% of assets under management. The fee is determined by numerous factors, including total assets under management. The management fee services include comprehensive ongoing financial planning and guidance.
For clients that are looking for a buy and hold strategy and do not need ongoing financial advice, commission-based accounts have charges that vary depending on the product type. Fees are disclosed at the time of purchase and on trade confirmations.
Flat rate fee is for clients that are looking for a financial plan and ongoing advice but plan to custodian the assets at another firm and not looking for me to do execute the trading.