Assets Under Management
Many people in the industry only offer an Assets Under Management (AUM) model. We offer an AUM model since this is the industry standard. Fees for portfolios managed are billed as a percentage of assets under management and range between 0.25% and 1.00% per annum. The minimum annual compensation is $240 annually, $60 quarterly, or $20 monthly.
Our standard fee is according to the following schedule:1% – up to $1 million. Fees are negotiable – for accounts over $1 million. Fees charged may be negotiated, thus vary from client to client for similar services. The firm’s fees are based upon a number of factors, including but not limited to the type of account, the size of the account, the projected nature of trading for the account and the number and range of supplemental advisory, friends/family discounts, and client-related services to be provided by the client’s Advisor.
Monthly Retainer
When saving for retirement, having a budget is important. Most people like to know what their expenses will be. We will work with you to determine a monthly fee based on your personal situation and the complexity of your situation. These fees can be deducted from your investment account or a bank account if you prefer. With the monthly retainer model, we will revisit the monthly fee, annually. Sometimes people make a withdrawal to purchase a home, put a child through college, or inherit money. The monthly fee is based on your personal situation and the complexity of your situation.
Advisory fees for management or consultation services may be higher or lower than available from other service providers. Flat fees for comprehensive and modular plans are negotiable and usually range from $500-$3,500 per engagement based upon the complexity of the plan and the level of services required to be provided. A fee is quoted upon execution of the Consulting Agreement. If we do not perform a monthly service there will be no charge for the month.
Hourly Fee
Sometimes you want help, with setting up your investments. There are many reasons why you might want to Do It Yourself (DIY). Whether you want to confirm what you are already doing, or you want to ask questions of us, we are here to help the DIY investor or someone that is not ready to move or cannot move their investments. We will spend some time getting to know you and then we will address your questions. Before we start any engagement, we will give you an estimate of how long we expect the engagement to last. We will do our best not to exceed that limit, but if that happens we will discuss that with you and come to an agreement on what it will take to finish the engagement. We will not charge you more without your prior approval. Hourly consulting services are billed at $300 per hour. Our hourly fee is negotiable based on your personal situation and the complexity of your situation.
Fees charged by Marathon may be negotiated, thus vary from client to client for similar services. The firm’s fees are based upon a number of factors, including but not limited to the type of account, the size of the account, the projected nature of trading for the account and the number and range of supplemental advisory, friends/family discounts, and client-related services to be provided by the client’s Advisor.
Please see MRP’s form ADV Part 2A for more details regarding fees.