For an established annual fee, based on a percent of the accounts value, trades and re-balancing are at no additional charge, it is an all-inclusive cost option.

When trades are made, a charge is incurred on the account. If a client only wants to have costs when activity occurs, this may be the right option.

Hourly charges for time spent with an advisor. This is helpful for self-managed accounts or accounts held elsewhere but the client wants the opinion of a trusted representative.