Fees
What we charge, in full
The whole schedule is on this page — every rate, every band, the performance fee and the things it excludes. There is no accordion, no “from as little as”, and no form to fill in before you see a number. Hament earns no commissions on the products it recommends.
Two things determine your rate
How much of your portfolio Hament actively manages, and which service model you choose. Those are different questions and the schedule prices them separately.
- Managed AUM
- Assets where Hament can implement trades and rebalancing on the agreed platform or custody arrangement.
- Held-Away AUA
- Assets held at another broker or custodian where Hament provides monitoring and advice but does not have trading control.
Your rate
Pick the model and set the portfolio. The whole matrix is published below this — nothing here is hidden behind the calculator.
$28,000 a year at today’s value. A performance fee of 25% over a hurdle of the 1-year U.S. Treasury yield plus 2% also applies to this model, and is not included in any figure on this page.
Cumulative management fee over 20 years: $433,336 — 43% of the starting portfolio, before any performance fee and before third-party costs.
- Billing
- Fees are billed at the end of each calendar year and are calculated using the monthly average values of your portfolio over the year, unless otherwise agreed.
- How the band applies
- The applicable annual rate is multiplied by the applicable asset base — a flat rate on the whole balance, set by the band your portfolio falls in, rather than a marginal rate applied slice by slice.
- What the chart shows
- The cumulative management fee only. It is arithmetic on the fee, not a forecast, and it contains no investment return of any kind.
- What it leaves out
- The performance fee on discretionary mandates, and all third-party costs. Both are set out below.
The full schedule — managed assets
Annual rates, as a percentage of the assets Hament manages.
| Portfolio band | Execution | Advisory | Discretionary |
|---|---|---|---|
| USD 0 – 300,000 | 2.20% | 2.80% | 3.20% |
| USD 300,000 – 1,000,000 | 2.05% | 2.50% | 2.80% |
| Above USD 1,000,000 | 1.90% | 2.30% | 2.50% |
The performance fee
Charged on the return above a hurdle equal to the 1-year U.S. Treasury yield plus 2%.
This sits on top of the management rate above. It is a second layer of cost and it is not included in the calculator, the schedule table, or the chart.
- Applies to
- Discretionary mandates only.
- How it is calculated
- Calculated net of management fees and trading costs, crystallised annually, with losses carried forward and pro-rated for in-period flows.
- Why a hurdle
- A performance fee with no hurdle charges you for returns you could have had from Treasury bills. This one starts above that.
Assets held elsewhere
Where you want Hament to advise on or monitor assets that stay with another broker or custodian.
| Engagement | Cost |
|---|---|
| Advisory | 0.80% per year |
| Discretionary oversight | 1.00% per year |
| Execution | 0.50% per year |
| Complex estate planning | USD 2,500 – 15,000, engagement-based |
| Cross-border tax structuring | Engagement-based, scoped on request |
| Corporate treasury advisory | Custom, quoted on engagement |
| One-off financial plan, non-AUM clients | USD 1,500 flat |
- Minimum
- A minimum annual fee of USD 1,000 applies to all Held-Away AUA arrangements.
What the fee does not include
- Custody and brokerage commissions
- Bank charges
- FX spreads
- Taxes
- Platform fees
These are paid directly to the relevant third party and are separate from Hament’s advisory fee. All known third-party costs are disclosed before engagement.
- Why these are separate
- Your account is held in your own name at Interactive Brokers. Its charges are levied on you directly, so they are listed separately rather than folded into one number that hides them.
Questions about any of this
If a number here does not match something you have been quoted, say so and we will work through where the difference is.