Investment Management Fees
Fees for managing investment portfolios on a discretionary basis are calculated as a percentage of the asset value of the portfolio. The Fee Schedule applies to each portfolio managed by Pallas Athena. Fees on corporate, institutional and individual non-retirement accounts are tax deductible. The minimum assets managed per client is subject to agreement with Pallas Athena.
Retirement Accounts
Fees for Retirement accounts begin at 1% per annum and can decrease depending upon the size of the account and the percentage of fixed income securities held in the account.
Non-Retirement Accounts
Fees for non-Retirement accounts vary from 1% to 3% depending upon the size of the account and the percentage of fixed income securities held in the account.