Fees and Compensation
Please note, unless a client has received Windsor’s Such fees are charged at an hourly rate of $95.00 to
disclosure brochure at least 48 hours prior to $350.00 per hour depending upon the nature and
signing the investment advisory contract, the complexity of the Clients request. Generally,
investment advisory contract may be terminated by professional time is billed at a range of $175.00 to
the client within five (5) business days of signing $350.00 per hour and paraprofessional time at
the contract without incurring any advisory fees $95.00 per hour. In each subsequent year the Client
and without penalty. How we are paid depends on will be offered a retainer service. Fees for this
the type of advisory service we are performing. service will be determined at the time of renewal
Please review the fee and compensation and will be billed quarterly in advance.
information below.
Comprehensive planning agreements between the
Windsor and its Clients may be terminated by
Comprehensive Financial Planning either party at any time by written notification, in
Windsor will meet with prospective financial which event Client will be liable for costs incurred
planning clients to have an initial consultative by Windsor to date of receipt of written
discussion. This will also often include a no-cost notification. Windsor reserves the right to recover
engagement proposal for the prospective Client in any itemized expenses incurred by Windsor.
order to demonstrate the value of its services, with
special emphasis on the Client’s own unique Portfolio Management Services
situation.
Clients may engage Windsor to provide specific
Windsor will generally charge for the financial ongoing investment advice, in which case a
planning services on a project fee basis. The separate Portfolio Management Agreement is
planning project fee charge is based upon a number executed. The specific continuous advice provided
of variables, including subjective factors such as the pursuant to this agreement is subject to the
complexity of the Client’s situation, the nature of following fee schedule:
the Client’s goals and objectives, anticipated
Total Amount Invested Breakpoint Fee %
complexity of the case and the timetable for plan
presentation. The planning fee quoted includes all First $1,000,000 1.00%
services rendered (and expenses associated Next $1,000,000 0.80%
therewith) for the preparation, presentation and
monitoring of the written plan. Commonly one-half Next $1,000,000 0.60%
of the project fee is due upon signing the Financial Next $2,000,000 0.50%
Planning Agreement, with the remainder due upon
the presentation of the Plan. The written report Next $5,000,000 0.40%
mentioned above will be completed within the first Next $10,000,000 0.30%
six months of the contract period. Any services
rendered beyond that period for the first year shall Over $20,000,000 0.20%
be valued at $500 or less. Windsor may also agree Windsor may impose a minimum fee of $3,500. In
to engagement by the Client on an hourly fee basis. certain circumstances, this fee schedule may be
WINDSOR WEALTH MANAGEMENT Form ADV Part 2A – Firm Brochure 4
negotiable. Fees do not include individual manager its own set of investment fees and expenses
fee, mutual fund expenses or custodial trading necessary to operate the fund. Mutual funds pay
costs. Advisory fees are billed quarterly, some in advisory fees to their in-house investment
arrears and some in advance. Any unearned or managers, or to sub-advisors, and such fees are
unapplied fees will be refunded, it shall never be therefore indirectly charged to all holders of the
retained by Windsor. The refund will be mutual fund shares. Clients who place mutual fund
calculated by determining the percentage of the shares under Windsor’s management are therefore
number of days remaining in the paid billing cycle subject to both Windsor’s direct management fee
at the time of termination to the total number of and the indirect management fee of the mutual
days in the billing cycle, and applying that fund’s adviser.
percentage against the amount of the total fee.
Additionally, the national discount brokerage firms
No advisory fee is based on capital gains or capital used as custodians for these no-load mutual fund
appreciation of assets. transactions may charge a transaction fee. Fees
will vary based on the security and amount. The
Windsor recommends that Client’s invest in “no-
national discount brokerage firms currently used
load” mutual funds, private money managers,
are Fidelity Investments, Charles Schwab &
separate accounts and/or individual securities to
Company and National Advisors Trust Company.
meet client objectives. Clients may choose to have
There is no duplication of fees.
their assets managed either on a discretionary or
non-discretionary basis. If Client wishes for
Windsor to manage their account on a
...