Fee True-Up — 2026-Q3

rendered 2026-08-04

FICTITIOUS — FORGE DEMO ONLY · SPECIMEN

Before Q3 invoices go out

If these invoices had gone out as drafted, $5,949.21 in advisory fees would have been billed wrong across 4 of 142 households.

$5,949.21 overbilled to clients (4 household(s))

Nothing has been billed or changed. This is a proposal — the draft register is untouched. Dana verifies each flag and signs before any invoice or deduction issues.

Households checked
142
Match the agreement
138
Flagged mismatches
4
Dollars that would go out wrong
$5,949.21

The flags — draft beside agreement

H001 The Deverell Household
Overbilled
What the draft says
$6,997.88
base $2,799,153 · standard tiered
+$674.68
What the agreement says
$6,323.20
base $2,799,153 · standard tiered
Why the draft differs
  • The draft appears to bill the whole balance at the top rate (1.00%), skipping the lower graduated tiers.
Show the work
  • Billable base = $2,799,153.00 (summed 2 billable account(s)).
  • $1,000,000 in the $0 to $1,000,000 band × 1.00%/yr = $10,000.00
  • $1,799,153 in the $1,000,000 to $3,000,000 band × 0.85%/yr = $15,292.80
  • Annual fee before any discount = $25,292.80.
  • Quarterly fee = $25,292.80 ÷ 4 = $6,323.2001, rounded to cents = $6,323.20.
H002 The Voss Household
Overbilled
What the draft says
$4,842.73
base $2,102,459 · standard tiered
+$484.28
What the agreement says
$4,358.45
base $2,102,459 · standard tiered · 10% (group VOSS)
Why the draft differs
  • The draft appears to skip the 10% (group VOSS) family discount.
Show the work
  • Billable base = $2,102,459.00 (summed 1 billable account(s)).
  • $1,000,000 in the $0 to $1,000,000 band × 1.00%/yr = $10,000.00
  • $1,102,459 in the $1,000,000 to $3,000,000 band × 0.85%/yr = $9,370.90
  • Annual fee before any discount = $19,370.90.
  • Apply 10% (group VOSS) family discount: $19,370.90 × 90% = $17,433.81.
  • Quarterly fee = $17,433.81 ÷ 4 = $4,358.4528, rounded to cents = $4,358.45.
H003 The Voss-Brandt Household
Overbilled
What the draft says
$4,117.55
base $1,761,202 · standard tiered
+$411.75
What the agreement says
$3,705.80
base $1,761,202 · standard tiered · 10% (group VOSS)
Why the draft differs
  • The draft appears to skip the 10% (group VOSS) family discount.
Show the work
  • Billable base = $1,761,202.00 (summed 2 billable account(s)).
  • $1,000,000 in the $0 to $1,000,000 band × 1.00%/yr = $10,000.00
  • $761,202 in the $1,000,000 to $3,000,000 band × 0.85%/yr = $6,470.22
  • Annual fee before any discount = $16,470.22.
  • Apply 10% (group VOSS) family discount: $16,470.22 × 90% = $14,823.20.
  • Quarterly fee = $14,823.20 ÷ 4 = $3,705.7988, rounded to cents = $3,705.80.
H004 The Halloran Household
Closed household — billed in error
What the draft says
$4,378.50
base $1,884,000 · standard tiered
+$4,378.50
What the agreement says
$0.00
base $0 · standard tiered
Why the draft differs
  • The draft billed a household whose accounts have been transferred out; a closed household should not be billed at all.
Show the work
  • Household status is CLOSED (relationship ended 2026-05-15; accounts transferred out).
  • A closed household bills nothing — correct quarterly fee is $0.00.

Checked 2026-10-03-q3-2026-draft-billing-register.md · account values as of 2026-09-30 · fees re-derived from each household's accounts and its own fee schedule, rounded to cents the way the office does (banker's rounding).

Full audit trail, every household: derivation detail.