A percentage of your assets under management, billed quarterly. 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.
A copy of our Form ADV Part 2A (Firm Brochure) is available upon request and on our Disclosures page. This document describes our advisory services, fees, and potential conflicts of interest.
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.
You get the same systematic approach and direct access as every other client — regardless of account size.
Fees are calculated on a tiered basis — you only pay the higher rate on the portion of assets in that tier.
| Assets Under Management | Annual Rate | Annual Fee (per tier) |
|---|---|---|
| First $1,000,000 | 1.25% | $12,500 |
| $1,000,000 - $2,000,000 | 1.00% | $10,000 |
| $2,000,000 - $5,000,000 | 0.85% | $8,500 per $1M |
| $5,000,000 - $10,000,000 | 0.70% | $7,000 per $1M |
| Over $10,000,000 | 0.50% | $5,000 per $1M |
Rate Progression
Real examples based on our tiered fee structure. 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.
Portfolio Value
Effective Rate
Portfolio Value
Effective Rate
Portfolio Value
Effective Rate
Portfolio Value
Effective Rate
* Monthly figures shown for reference. Fees are billed quarterly.
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.
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.
Active regime-based positioning across asset classes, rebalanced as economic conditions change.
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 — no call centers, no gatekeepers.
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.
Fee information is presented for informational purposes. Fee details are provided in Form ADV Part 2A, available upon request.
