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For our services, Virginia Capital Management Group, Inc. charges either an investment management fee that varies with the assets under management or an hourly fee based on the hours required to complete a financial plan according to the following table:
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Financial Planning
$75.00 per hour - Minimum Fee $300.00
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Investment Management
Regular Account:
On assets under managementMinimum fee: $500
1.00% on first $1,000,000 0.85% on next $4,000,000 0.75% on next $5,000,000 0.50% on next $10,000,000
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403(b)7 Accounts:
OPTION 1 - With Investment Authority
Same as regular accountMinimum Fee:
OPTION 2 - No Investment Authority
First Year $50.00 Second Year $100.00 Third Year $300.00
0.25% on assets under managementMinimum Fee:
First Year $50.00 Second Year $100.00 Third Year $300.00
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