James Roach

Flagstar Advisors' Managed Account Program charges an advisory fee, a sponsor fee, and potentially a third-party advisor (TPA) fee if a TPA manages your account.

The advisory fee is a percentage of your portfolio's value and is negotiable:

• Up to $999,999: 1.50% per year
• $1,000,000 - $4,999,999: 1.00% per year
• $5,000,000 - $9,999,999: 0.75% per year
• $10,000,000 - $19,999,999: 0.50% per year
• Above $20,000,000: 0.40% per year

The sponsor fee covers implementation, platform, and administrative costs:

• Up to $499,999: 0.12% per year
• $500,000 - $1,999,999: 0.10% per year
• $2,000,000 - $4,999,999: 0.09% per year
• $5,000,000 - $9,999,999: 0.08% per year
• $10,000,000 - $19,000,000: 0.05% per year
• Above $20,000,000: 0.03% per year

TPA fees range from 0.25% to 1.25% and may or may not be negotiable.