Our fee structure is designed to align our interests with yours, scaling based on your invested capital and regulatory classification.
Clients Categories
Category
Testing Clients
Non-Qualified Clients
Qualified Clients
Account Size
$35,000 – $50,000
$50,000 – $1,100,000
Above $1,100,000
Fee Structure
1 year no advisory fees, then AUM fee only
AUM fee only
AUM fee plus performance fee
Fees by Strategy
Product
Nx1
Nx2
Nx3
Testing Clients
$35K–$50K
1 Year No Fees
1.0% AUM fee
1.5% AUM fee
2.0% AUM fee
Non-Qualified Clients
$50K–$1.1M
1.0% AUM fee
1.5% AUM fee
2.0% AUM fee
Qualified Clients
>$1.1M
0.75% AUM fee
+10% performance fee
with 5% Hurdle Rate
1.125% AUM fee
+15% performance fee
with 7.5% Hurdle Rate
1.5% AUM fee
+20% performance fee
with 10% Hurdle Rate
Additional Details
Notes
We do not take custody of client assets as defined by SEC rules. All client accounts are opened directly under the client’s own name with our independent custodian, Interactive Brokers. While we deduct advisory fees, this is done in accordance with SEC custody rule exemptions, with client authorization and custodian invoicing.
Custody
All advisory fees are deducted automatically from client accounts by Interactive Brokers according to the advisory agreement authorized by the client.
Fee Deduction
Performance fees are charged only to clients who meet the definition of "Qualified Clients" under SEC regulations.
Performance Fees
Fee schedules are subject to change with appropriate advance notice and consent from all affected clients.
Fee Changes
