Fees that support a long-term relationship

Fees are based on a percentage of assets, not transactions, so that client needs, not buying and selling, motivate investment decisions.

2006 fee schedule

Portfolio size	Fee structure
$500,000 to $999,000	1 percent of assets under management
$1 million to $3 million	.85 percent of assets under management
$3 million and over	.75 percent of assets under management