Breckinridge Capital Advisors negotiates investment advisory fees, which vary based on asset levels, service requirements, and other factors. Fees may differ even within the same investment strategy. Employees and related parties may receive discounted or waived fees. Fees are typically paid quarterly, in arrears, either through direct deduction from client accounts or via invoicing. Clients are responsible for verifying fee calculations. Some clients may calculate their own fees, potentially using different methods than Breckinridge.