David Nelson

Colton Groome Financial Advisors (CGFA) manages investment portfolios for a fee based on a percentage of the assets they manage. The specific fee is negotiated with each client, but the general range is:

• First $1,000,000 — 0.90% - 0.99%
• Next $1,500,000 ($1,000,001-$2,500,000) — 0.80% - 0.87%
• Next $2,500,000 ($2,500,001-$5,000,000) — 0.70% - 0.76%
• Next $2,500,000 ($5,000,001-$7,500,000) — 0.50% - 0.56%
• Next $2,500,000 ($7,500,001-$10,000,000) — 0.40% - 0.46%
• Above $10,000,000 — 0.25% - 0.31%

Some older accounts may have different fee schedules, ranging from 0.00% to 1% per year. There is no minimum account size, but some accounts may be subject to a minimum annual fee. CGFA may also use third-party managers, which will result in additional fees ranging from 0.12% to 0.50% per year.