The cost of fees and under-performance over time can be significant. Given a $1 million portfolio, the pie charts below illustrate the erosion of earnings over the last 5 year period compared to the benchmark Via Four portfolio. Via Four fees are among the lowest in the industry, with no additional charges or commissions. Custodial transaction fees are approximately $40 per mutual fund purchase and sale. Total custodial transaction fees per year for accounts that require annual rebalancing (under $1 million) are approximately $350 and $1,400 for accounts that require quarterly rebalancing (greater than $1 million). Via Four never places client investments in “loaded” funds or stocks requiring sales fees or commissions.