Fee Schedule

You will be pleasantly surprised by our client-friendly fee schedule. Some investment managers charge 1%, 2%, and even 3% per year. Stop right here and take note! The average annual long-term total return in the stock market is about 10%. If you pay 2% in fees, you are slashing your average returns by a shocking 20% and cannibalizing your principal. Too often we have seen investors sink into the dark hole of excess fees and never seem to know it. You deserve better -- a lot better. You'll be pleased, as well as surprised, by our low fees.

Fees for our investment programs start at only 0.80% and drop from there. And the more you invest, the lower your annual fees. Do the math and compare our fees with the fees you may be paying other managers. Fees are billed quarterly in arrears based on your account value. Investment management fees may be tax deductible -- consult with your tax advisor.

Portfolio Fee Schedule:*

John Bogle, Founder of the Vanguard Group

In a September 1988 speech, Mr. Bogle preached, "And so it is with particular fervor that I discuss the role that cost plays in your investment program. In my judgment, this industry has ignored the issue of cost. Indeed, in an ever-more intensive campaign to attract investors' assets, the better to enhance the profits of the typical mutual fund shareholder, mutual fund costs are today escalating beyond belief, and beyond reason. The great mutual fund price war of the 1980s has driven sales costs even higher and advisory fees skyward. It is a paradoxical price war, since economic theory tells us that price wars are supposed to drive prices paid by consumers down, not up."