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Minimum Account Size: $200,000
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While Marathon has been successful in attracting many
clients, we will not compromise service by having more
clients than we can serve! Consequently, we offer our
services to clients that open accounts with a minimum
investment of $200,000. This minimum will increase over
time to further curtail the number of clients that we
serve.
Fee Schedule:
| Accounts $1,000,000 and Over |
|
Accounts Under $1,000,000 |
| 1.00% |
on first |
$1,000,000 |
|
| 0.75% |
on next |
$4,000,000 |
|
| 0.50% |
on next |
$10,000,000 |
|
| 0.40% |
on |
$15,000,000 |
+ |
|
|
| 1.50% |
on first |
$200,000 |
| 1.25% |
on next |
$300,000 |
| 1.00% |
on next |
$500,000 |
| Above $1,000,000 use other chart |
|
Non-U.S. Resident client accounts,
add 0.20% to all pricing tiers of the above fee schedule.
Fees are generally based on the market value of assets
under management and are payable quarterly in arrears.
Your fees will be charged to your account and paid directly
by the custodian selected to maintain your account.
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Fee-Only:
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Marathon provides investment advisory services
on a fee-only basis and does not have any soft-dollar
or hard-dollar compensation agreements with brokers, banks,
or custodians(*). There is never any incentive for Marathon
to execute a trade other than for your sole benefit. Unlike
a relationship you may have with a broker, you are not
a customer. You are a client. This means that Marathon
has a fiduciary responsibility to always put your interests
first.
| (*) |
The exception to this, as described
in Marathon's Form ADV, is Marathon's participation
in Waterhouse Securities, Inc.'s Institutional Services
Program. Marathon receives: duplicate client confirmations
and bundled duplicate statements; access to a trading
desk servicing institutional participants exclusively;
access to block trading; access to electronic communications
network; receipt of compliance publications &
research; and client access to mutual funds that
may have lower initial minimums and/or lower fees/transaction
costs.
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