Abigail Hoon

Phase III Advisory Services offers investment management through several programs: Advisor Managed Portfolios, Unified Managed Account Program, Tactical Allocation Service, and Fund Allocation Service. Fees vary depending on the program and the amount invested.

For Private Management Accounts and UMA Portfolios, the maximum annual fee is:

• 1.90% on the first $249,999
• 1.70% on amounts between $250,000 and $499,999
• 1.45% on amounts between $500,000 and $749,999
• 1.20% on amounts between $750,000 and $1,249,999
• 1.00% on amounts above $1,250,000

For Fund Allocation Service, Tactical Allocation, and Advisor Managed Portfolios, the maximum annual fee is:

• 1.40% on the first $99,999
• 1.15% on amounts between $100,000 and $249,999
• 1.00% on amounts between $250,000 and $499,999
• 0.90% on amounts between $500,000 and $749,999
• 0.80% on amounts between $750,000 and $1,249,999
• 0.75% on amounts above $1,250,000

Fees are negotiable. Accounts valued at less than $100,000 will not participate in a wrap program fee.