Transparent Pricing, No Surprises

For clients with managed assets greater than $2,500,000

The annual advisory fee is paid quarterly in advance based on the value of the client’s account(s) as of the last day of the billing period. The advisory fee is a flat tier until $10 million, after which it becomes a blended tier. For example, for assets under management of $2.5 million, a client would pay 0.8% on the whole $2.5 million.
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In determining the advisory fee, we may allow accounts of members of the same household to be aggregated. MWM relies on the valuation as provided by the client’s custodian in determining assets under management. Our advisory fee is prorated for any partial billing periods occurring during the engagement, including the initial and terminating billing periods. Adjustments will be made for deposits and withdrawals during the billing period. There is a $20,000 annual minimum paid quarterly. The proration method is the actual days managed in a quarter.
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We deduct our advisory fee from one or more account(s) held at an unaffiliated third-party custodian, as directed by the client. Please refer to Item 15 of this Brochure regarding our policy on direct fee deduction. When an Outside Manager is used, the Outside Manager will debit the Client’s account for both the Outside Manager’s fee, and MWM’s advisory fee.

For clients with managed assets below $2,500,000