1. Purpose

GlobboMedia is dedicated to delivering top-tier investment management services. To sustain the operational excellence, portfolio oversight, and client support our investors expect, we charge an account maintenance fee. This policy details the fee structure, its calculation, and applicable terms.

2. Account Maintenance Fee Structure

GlobboMedia applies an account maintenance fee based on the total assets under management (AUM) in each investor account. The fee supports services such as portfolio management, performance reporting, advisor access, regulatory compliance, and secure technology infrastructure. The fee structure is as follows:

• Accounts with $1,000,000 and above: 0.0499% per month (equivalent to 0.6% annually), calculated on the account’s average daily balance.
• Accounts with $500,000 and below: Up to 1% annually, calculated on the account’s average daily balance, with the exact percentage specified in your Investment Management Agreement.
• Accounts between $500,001 and $999,999: A blended or tiered fee may apply, determined by GlobboMedia and detailed in your agreement, not exceeding 1% annually.

3. Fee Calculation and Billing

• Calculation:
  
  • For accounts ≥ $1,000,000: 0.05% of the average daily balance per month.
  • For accounts ≤ $500,000: Up to 1% of the average daily balance per year, prorated quarterly.
  • For accounts between $500,001 and $999,999: A customized rate, not exceeding 1% annually, prorated quarterly.
• Billing Frequency: Fees are assessed and deducted quarterly unless otherwise agreed in writing.
• Transparency: Your specific fee rate will be outlined in your signed GlobboMedia Investment Management Agreement.
• Notification: Clients will receive an itemized statement at least 10 business days prior to the quarterly fee deduction.

4. Applicability

This fee applies to all investor accounts managed by GlobboMedia (e.g., individual, joint, retirement, or trust accounts), unless explicitly waived or modified in a separate agreement.

5. Fee Adjustments

GlobboMedia may adjust the fee structure with 30 days’ written notice to clients, reflecting changes in operational costs, regulatory requirements, or service enhancements.

6. Fee Waiver or Reduction

At GlobboMedia’s discretion, fees may be waived or reduced, such as:

• For accounts significantly exceeding $1,000,000, subject to negotiation.
• During promotional periods for new clients, as specified in marketing materials.
• In special circumstances, evaluated case-by-case.

Contact your GlobboMedia advisor to discuss eligibility for a fee waiver or reduction.

7. Payment Terms

• • Separate Payment Required: Account maintenance fees cannot be deducted from the account balance and must be paid separately by the account holder(s) via a method specified by GlobboMedia (e.g., bank transfer, check, or other approved payment options). Payment instructions will be provided with each invoice.
  • Exceptions: Fees may only be deducted from the account balance if explicitly authorized by GlobboMedia in writing under a separate agreement.
  • Due Date: Fees are due within 15 business days of the invoice date unless otherwise specified.
  • Late Payments: Overdue payments may incur a late fee of 1.5% per month on the outstanding balance, and GlobboMedia reserves the right to suspend account services until payment is received.

8. Termination of Services

Upon termination:

• A prorated fee will be charged for the period up to the termination date.
• No further maintenance fees will apply after account closure or transfer.

9. Client Acknowledgment

By engaging GlobboMedia’s services, clients agree to the account maintenance fee as outlined in this policy and their individual Investment Management Agreement.

10. Contact Us

For questions about this policy or your fees, please reach out:
GlobboMedia Client Services
Phone: +1 607 358 5137
Email: support@globbomedia.com