Resource Management, led by Dr. Ronald D. Miller, is a registered investment advisor. Currently, Dr. Miller is only working with family members and some non-profit organizations on a pro bono basis. He does not receive commissions for recommended financial products. He uses a strategic approach using low cost index funds for the core investments.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.75% |
| $500K - $1.0M | 0.50% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $4.0M | 0.30% |
| $4.0M - $10.0M | 0.25% |
| $10M+ | 0.20% |
There is a minimum annual fee for assets under management of $1200 + Hawaii gross excise tax. All fees are paid quarterly in arrears. The fees are taken directly from the clients appropriate account. Both an e-mail notice to the client and the custodian monthly statement will show the amount of the fee that was agreed upon. Hawaii gross excise tax of (4.71%) will be added to all fees. These fees are relatively low and are nonnegotiable under most circumstances.