Fees and Services
This summary is provided for convenience only. Clients should refer to Items 4 and 5 of Rothman Investment Management, LLC’s Form ADV Part 2A (“Firm Brochure”) and their applicable advisory agreement for complete details regarding services, fees, billing practices, and client responsibilities.
Portfolio Management (Assets Under Management)
Annual fee (tiered, marginal):
- First $1,000,000: 1.00%
- $1,000,001 – $5,000,000: 0.75%
- Above $5,000,000: 0.50%
Minimum annual fee: $5,000
Billing: Quarterly, in arrears
Description: Ongoing discretionary and non-discretionary portfolio management based on your goals, risk tolerance, and Investment Policy Statement. Fees are calculated using the average daily balance during the billing period, taking into account deposits and withdrawals. Multiple accounts may be aggregated for fee calculation unless directed otherwise.
Comprehensive Financial Planning
Fee: Starting at $3,500 (project-based or hourly)
Hourly rate: $400 per hour
Billing: As agreed, as outlined in the Financial Planning Agreement
Description: Financial planning services designed to bring clarity and alignment to your financial life. Fees vary based on scope and complexity and are defined in a separate agreement.
Financial Coaching
Fee: $5,000 per year
Billing: Quarterly
Description: Ongoing planning and coaching support for clients who desire guidance, accountability, and continued alignment with their goals, without investment management.
Consulting (Hourly)
Fee:
- $400 per hour (Jacob Rothman)
- $250 per hour (Larson Patty)
Billing: 50% deposit at signing, with the remaining balance billed in arrears upon completion of the project
Description: Business or personal financial consulting services provided under a Consulting Agreement. In certain cases, a project-based fee may be proposed.
Client Responsibility for Third-Party Fees
Clients are responsible for third party fees that are separate from advisory fees. These may include, but are not limited to:
- Brokerage commissions
- Mutual fund and ETF internal expenses
- Custodian-related fees
- Transaction charges
Rothman Investment Management does not receive compensation from these fees.
Additional Fee Disclosures
- Advisory fees may be deducted from client accounts with written authorization or billed directly, at the client’s election.
- Fees are charged in arrears.
- Clients may terminate advisory agreements without penalty within five (5) business days of signing. Thereafter, termination requires 30 days’ written notice, and fees are prorated accordingly.
- Rothman Investment Management does not charge performance-based fees.