Clients are billed, in advance, on a quarterly basis at the beginning of each quarter or initial billing cycle. We use an average month-end balance in computing the clients’ management fees. There may be an additional fee billed upon receipt of additional monies during a quarter for a proportionate amount of the time remaining for management of those funds.
The above fee schedule provides for continuous investment supervision of the portfolios, written reports, and quarterly meetings. There is a one-time hourly fee, referred to as the set-up fee. Parlan will aggregate the assets under management for family members.
Discuss your current investment status with Helyn Bolanis
by calling (800) 537-1103