Robert Rathbun

Spring Capital Management manages client investments primarily through its wrap fee program, with specific fees detailed in a separate wrap fee brochure. For clients referred to third-party money managers, Spring Capital Management charges an annual fee ranging from 0.3% to 1.1% to cover reporting and monitoring, while the third-party manager charges between 0.35% and 0.7%. The total combined fee for third-party managed accounts will not exceed 1.8% per year. These fees are calculated and paid quarterly in advance based on the average daily balance of the account.