SOLUTION-BASED FEE STRUCTURE
Active Management
For active investment advisory and portfolio management services using traditional investments (mostly individual stocks), Nashional assesses a fixed fee monthly in arrears that is based on the value of the assets under management (AUM). The fee is assessed using the tiered scale shown below. It is applied to total household account value rather than by each individual account. Clients have a choice of having the fees drawn directly from their investment accounts (for ease and convenience) or they may be invoiced separately and paid from another personal account.
Nashional uses an average of the daily balance in the client's account throughout the billing period, after taking into account deposits and withdrawals, for purposes of determining the market value of the assets upon which the advisory fee is based. These fees are generally negotiable and the final fee schedule is included in the Investment Advisory Contract. If services are terminated, clients will be billed up through the date of cancellation.
Passive Management
Fees for passive management generally are assessed at 0.50% annually and billed quarterly in arrears. Passive management may be used in a variety of situations, including but not limited to; for clients that have lower assets under management (such as less than $50,000) and lower costs ETFs are used rather than individual stocks; managing and monitoring the performance of held-away accounts (such as employer-sponsored retirement plans); when allocating to alternative investments (generally anything other than publicly traded stocks, bonds, ETFs that are easily tradeable, have a readily determinable market value, and are very liquid) and providing initial due diligence and ongoing monitoring of performance and communication. These fees are generally negotiable as well and specified in the Investment Advisory Contract or in an Addendum.
