The minimum annual investment advisory fee for either our wealth management service or our fiduciary management service is $10,000 per year ($1,000,000 x 1% = $10,000) or $2,500 quarterly.
For clients with portfolios less than $1,000,000 under Allodium’s management, Allodium typically recommends Allodium’s management to use the Allodium Portfolios platform, as a minimum fee is not imposed for these clients.
Allodium, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.