Leah Woodly

Dorval & Chorne Financial Advisors manages investment portfolios for a fee based on the value of your investments. The fee is calculated as a percentage of your portfolio and decreases as your portfolio grows. The specific fee depends on the custodian where your account is held.

For accounts held at Schwab or Nationwide, the fees are:

• $1,000 - $150,000: 1.30% per year
• $150,000 - $300,000: 1.15% per year
• $300,000 - $500,000: 1.05% per year
• $500,000 - $1,000,000: 0.95% per year
• $1,000,000 - $2,500,000: 0.85% per year
• $2,500,000 - $5,000,000: 0.75% per year
• Above $5,000,000: 0.65% per year

For accounts held at Capital Group, the fees are:

• $0 - $249,999.99: 0.75% per year
• $250,000 - $499,999.99: 0.50% per year
• $500,000 – Above: 0.25% per year

There is a $1,000 minimum account value for accounts held at Schwab and a $25,000 minimum account value for accounts held at Nationwide.