Asset Management Fee Schedule
Financial Legacy Builders, L.L.C.
Financial Legacy Builders, L.L.C. shall charge an annual asset management fee, paid quarterly in arrears, based upon one of two different options selected by the client and described as follows:
Option A: Fees will be based upon a percentage of the market value of the assets being managed by Financial Legacy Builders, L.L.C. according to the following fee schedule:
| Assets | Annual Fee |
| First $500,000 | 0.6% |
| Next $500,000 | 0.4% |
| Above $1,000,000 | 0.3% |
For example, if the market value of the client's assets being managed by Financial Legacy Builders, L.L.C. is $1,200,000, then an annual fee of $5600 will be charged to the client. The annual fee for this example is calculated as follows:
0.6% of first $500,000 |
$3000 |
0.4% of next $500,000 |
$2000 |
0.3% of remaining $200,000 |
$600 |
------------ |
|
Total amount charged to client |
$5600 |
Option A is not available to clients with assets under management less than $100,000.
Option B: Retainer fees will be based upon the client's net worth regardless of the amount of assets being managed by Financial Legacy Builders, L.L.C. and will be charged in accordance with the following fee schedule:
| Net Worth | Annual Fee |
| Less than $300,000 | $600 |
| Between $300,000 and $1,000,000 | $1020 |
| Between $1,000,000 and $3,000,000 | $1500 |
| Greater than $3,000,000 | $3000 |
All retainer fees shall be held constant for two consecutive years following the effective date of the contract regardless of fluctuations in the client's net worth during this time period.