What pricing and billing alternatives are available?
Millennium Trust’s charges are directly dependent on the actual services performed for the client. As opposed to a set fee schedule, every client relationship is independently priced in order to deliver the maximum level of service with the least cost. Investment Advisors and other asset managers have significant flexibility in how custody and other administrative costs are paid. In practice, many Advisors request that their fees and custody charges be charged to the client’s custody account on a quarterly basis, but other options exist depending upon the Advisor’s requirements and their client’s expectations.
