Russell O'brien

SlateStone Wealth charges an annual fee based on the value of your portfolio using a tiered schedule. The fee percentage drops as the amount you invest increases:

• First $2,000,000 — 1.00% per year
• Next $3,000,000 (amounts between $2M and $5M) — 0.85% per year
• Next $5,000,000 (amounts between $5M and $10M) — 0.70% per year
• Next $10,000,000 (amounts between $10M and $20M) — 0.50% per year
• Amounts above $20,000,000 — 0.25% per year

There is a minimum annual fee of $10,000, which means smaller accounts will pay at least that amount regardless of portfolio size. Fees are generally calculated and billed quarterly in advance.