We listen to our client and his or her Advisors to ascertain goals and objectives.
We then implement the plan. We maintain continuous contact with the client and the Advisors, adjusting the service as necessitated by changing circumstances.
We are remunerated on an agreed fee basis for management and administration based on time cost , and arrived at by considering the extent and nature of the assets under management, the amount of time, the responsibility and the risk associated with managing each particular structure; reviewed and agreed annually and invoiced per calendar year in advance.
Because changes in investment policy or unforeseen occurrences may arise from time to time which incur greater time costs than anticipated, Lutea will reserve the right to charge a higher fee if the time costs should exceed the agreed fee, after discussion with the client.
For advisory services we work on a time cost basis under clear and concise terms of engagement providing a reasonable estimate before undertaking any work.