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Client Fees

Your Fiduciary

We make investment recommendations after we’ve learned about you through our Discovery Process. We educate you on the choices we recommend so the decisions you make are fully informed. This aligns our interests with yours.

 

Fee-Only

Investment and planning services are charged on a fee only basis (fee schedules below). We do not accept commissions of any sort on investments we recommend. However, unrelated to client investing, we do receive fees from our specialty partner M&A firms on business owner referrals we make to them that are successfully sold.

New Client Relationships

We take a long-term view. We build client relationships that last decades or lifetimes. We begin by satisfying initial client needs and the relationship naturally evolves and expands over time. We’re selective in the clients we work with to be sure that we can provide the long-term benefit they expect.

ANNUAL ADVISOR FEE* SCHEDULE

Aggregate Assets

Managed by Advisor

Breakpoint

Asset-Based Fee

(Payable Quarterly)
Up to $2,500,000
N/A
0.275% (1.10% annually)
$2,500,001 – $5,000,000
$2,500,000
0.225% (0.9% annually)
$5,000,001 – S10,000,000
$5,000,000
0.200% (0.8% annually)
$10,000,001 – $15,000,000
$10,000,000
0.175% (0.7% annually)
$15,000,001 – $20,000,000
$15,000,000
0.150% (0.6% annually)
$20,000,001+
N/A
0.125% (0.5% annually)

* Advisory fee:

Includes: Client discovery, wealth planning, investment research, public and private manager access, custom allocation design, ongoing client meetings, daily performance reporting, operational Q&A and implementation, website portal access for secured client lifestyle plan and legacy planning documents.

Excludes: Investment managers’ sub-advisory fees, mutual fund and ETF expense charges, custodial fees, and transaction costs.

advanced legacy planning Fee

The design of your legacy plan begins with an analysis of your estate to project your income and estate tax exposure for which we charge $9500 (see Advanced Planning Steps 2&3).
Should you decide to take the next step we will then design your legacy plan with financial projections (see Advanced Planning Step 4) for which we charge a total of 15 basis points against your estate’s value less the initial $9500 charge.
MCM fees increase as plan designs increase in complexity and components as estate sizes increase. The minimum MCM fee is $15K and the maximum is $100k. Examples: $10M estate=$15K, $20M estate=$30k, $30M estate=$45K, $50M estate=$75k, $75M estate=$100k.
The initial $9500 payment to MCM is due in advance. The remaining 15 basis point payment fee to MCM for Step 4 (less $9500) is due 1/2 at its beginning and 1/2 after its completion. (We will invoice you accordingly.)
MCM fees do not include costs related to the creation of: 1) your legal and plan documents, 2) property, business, or asset valuations, or 3) other plan implementation expenses (see Advanced Planning Steps 5&6).
MCM will oversee and quarterback this process from beginning to end to ease this process for our clients.

Cash Management/M&A Escrow Fees

MCM charges 0.30% (30 basis points) annually for money market, demand deposit, treasury, or municipal bond cash management solutions. MCM’s standard fee above applies for enhanced yield investments. MCM also charges a one-time set-up fee of $1000 per escrow agreement.
UMB Bank customizes their escrow account fees based on the extent of work and time required to support each M&A escrow transaction.

Lifestyle PLANNING FEE

Lifestyle/retirement planning typically requires 8 to 12 hours to complete. 3-4 hours are typically spent with clients. The remainder is spent doing analysis, design, refinement, and deliverables. At $350/hour the cost for a client’s initial plan will typically range from $2800 to $4200. The actual fee may change based on each client’s circumstances. MCM will credit planning fees against the client’s AUM fee (with a minimum of $1M) for new accounts established within 12 months after completion of a plan.

comprhensive planning oversight fee

MCM offers a range of personal planning services including lifestyle planning income tax mitigation, insurance services and foundational estate planning services (see Comprehensive Personal Planning services page). When there are multiple components to the personal plan, MCM offers quarterbacking / oversight services to ease the planning process for clients. MCM will oversee the process without charge for clients with a minimum of $2.5 million under MCM’s management. MCM will otherwise charge $350 hourly for oversight services unless otherwise agreed.

Friends & Family Referral Program

MCM offers our clients a friends and family referral program: Referred clients receive a 1-year 15% advisory fee discount. Referring clients receive the same dollar for dollar discount received by the referred client over 1-year. We look forward to serving your children, relatives and friends.

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