Management Fee

• 1% of Net Asset Value

Minimum Account Size

• Individuals $500,000


• Institutions $1,000,000

Custody

• Our clients' assets are held in his or her name with a custodian. The custody firm can be one that our client selects or if the client prefers one that we can recommend. Our clients empower us to act on their behalf through a limited power of attorney. This enables us to purchase and sell assets for our clients' accounts while our clients retain control over them.

Reporting

• Clients receive a regular account statement from the custodian. In addition LHO prepares a quarterly statement that provides a summary of the overall performance as well as the performance of the individual holdings in the portfolio.