All managed accounts are subject to the following management fee schedules based on the assets under management (AUM). Fees are charged at the beginning of each quarter for that quarter’s service, with the majority being directly debited. Our contract can be terminated at any time with written notice, and no further fees will be charged. Unearned fees will be refunded. Note: Clients are not charged a custody fee as Scholtz & Company pays all custody fees for its clients.