American Shareholders

Our Fees

We bill our management fees quarterly.

The management fee shrinks as the size of the account grows. On an annualized basis, our fee structure is:

2.0% on the first $50,000
1.6% on the next $50,000
1.0% on the next $900,000
0.75% on the next $4,000,000
0.5% on anything over $5,000,000

Here is the annual management fee you should expect to pay by the size of the account:

Account Size	Management Fee	Effective %
$50,000 $100,000 $250,000 $500,000 $1,000,000 $3,000,000 $5,000,000 $10,000,000	$1,000 $1,800 $3,300 $5,800 $10,800 $25,800 $40,800 $65,800	2.0% 1.8% 1.32% 1.16% 1.08% 0.86% 0.816% 0.658%

New clients will not be billed for the usual fees until they have a profitable quarter. However, there is a minimum quarterly fee of $60 until then.

We require a minimum deposit of $20,000 to open an account.