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Maple Capital Management, MCM has converted to advance billing.  The specific manner in which fees are charged is established in a client’s Investment Advisory Agreement with MCM.  Fees for investment advisory services are payable quarterly, in advance of services being rendered, and are based on the market value of cash and securities in a client’s account at the end of the previous quarter. The quarterly valuation dates will be the last business day of March, June, September and December and bills for fees shall be sent within two weeks of these quarter end dates. 

If you have additional questions about Maple Capital’s fees, please call 802-229-2838.

TC118963(0121)1