A percentage of your assets under management, billed quarterly in advance. Caldric's compensation comes only from this advisory fee — the firm does not sell insurance, earn trade commissions, or receive payments from fund companies. As your portfolio grows, lower marginal rates apply to higher tiers, which can reduce the blended effective rate.
Your fees come from you — never from product companies, brokerages, or referral arrangements.
Larger accounts pay lower percentages. The more you invest, the more efficient your fee becomes.
Every client receives the same investment process, direct adviser access, and portfolio supervision. Implementation varies with your objectives, constraints, and account structure.
Fees are calculated on a tiered basis — you only pay the higher rate on the portion of assets in that tier.
| Portion of Assets Under Management | Annual Rate | Rate Progression |
|---|---|---|
| First $1,000,000 | 1.25% | |
| Next $1,000,000 | 1.00% | |
| Next $3,000,000 | 0.85% | |
| Next $5,000,000 | 0.70% | |
| Assets over $10,000,000 | 0.50% |
The schedule above sets the rates — this is what they blend to in dollars. Set a portfolio value from $500K to $25M and read off the effective rate and fee. Fees are calculated quarterly in advance, based on the account value as of the last trading day of the prior quarter. Pro-rated for mid-period starts; any prepaid unearned fees are refunded pro rata at termination.
Blended fee calculator
Effective annual rate 1.13 percent; $22,500 per year.
Effective rate
1.13%
Annual
$22,500
Quarterly
$5,625
Monthly*
$1,875
Illustrative: applies the tiered schedule above to the selected value. The blended rate is your effective annual rate across all tiers. Assets beyond $25,000,000 continue at the top-tier marginal rate of 0.50%. Actual fees are set by your advisory agreement and Form ADV Part 2A.
* Monthly figures shown for reference. Fees are billed quarterly in advance, with unearned fees refunded on a prorated basis if the relationship ends mid-period.
In addition to our management fee, you should be aware of these standard industry costs.
ETFs and mutual funds charge internal expense ratios (typically 0.03% – 0.50%). These are not paid to us — they're built into the fund and reflected in its performance.
We prefer low-cost ETFs and seek to minimize this drag on your returns.
Schwab does not charge account fees or trading commissions for most ETFs and stocks. Some specialized investments may incur transaction fees.
We'll always disclose any expected transaction costs before executing trades.
The advisory fee pays for the complete decision and implementation process: evaluating independent research and market evidence, maintaining your Portfolio Design Record, determining which changes apply to your accounts, implementing and supervising those changes, explaining what changed and why, and coordinating portfolio-relevant planning through the design record and periodic portfolio-fit reviews.
You get systematic tactical allocation plus focused financial planning through the Portfolio Design Record at the start of the relationship and periodic portfolio-fit reviews thereafter. The included review is bounded and portfolio-focused, not open-ended financial planning.
Signal-responsive, regime-based positioning across asset classes, implemented within your documented objectives and constraints.
Written analysis of current economic conditions and how your portfolio is positioned in response.
Your assets are custodied at Charles Schwab, a leading institutional custodian. You receive independent account statements directly from Schwab.
Questions go directly to Josh, the adviser responsible for your portfolio.
At minimum, we meet yearly to refresh portfolio-relevant facts, review liquidity and withdrawal needs, and discuss any life changes. Additional conversations are available as needed.
Risk management comes first, but we may harvest losses when prudent. We never let tax considerations override sound portfolio positioning.
Your advisory fee includes focused financial planning through a Portfolio Design Record at the start of the relationship and periodic portfolio-fit reviews thereafter. The record connects tactical allocation to objectives, time horizon, liquidity and withdrawal needs, risk profile, account structure, risk-first tax-aware implementation considerations, beneficiary/titling status, and coordination items for outside professionals.
Learn how the record supports the processFor work that goes deeper, or services we don't provide.
Available separately when needed
Quoted separately at $200/hr per Form ADV Part 2A. Typical engagements run 10-20 hours.
We coordinate with specialists
We don't replace your existing professionals:
You deserve clarity before making a decision. You'll receive a detailed fee disclosure before entering into any advisory agreement.
Caldric Capital’s advisory fee is calculated as a percentage of the assets we manage. This creates an inherent conflict of interest: because our fee increases as the assets under our management increase, we have a financial incentive to recommend that assets be placed or kept under our management, and a corresponding disincentive to recommend uses of those assets outside the accounts we manage — for example, paying down a mortgage or other debt, making charitable or family gifts, purchasing real estate, or directing savings to an employer-sponsored retirement plan we do not manage. As a fiduciary, Caldric is required to act in the client’s best interest notwithstanding this conflict. Additional information about our fees, compensation, and conflicts of interest is available in our Form ADV Part 2A.
Copies of our Form ADV Part 2A (Firm Brochure) and Form ADV Part 2B (Brochure Supplement) are available upon request and on our Disclosures page. These documents describe our advisory services, fees, potential conflicts of interest, and the background of our advisory personnel.
