Name:   MAJ USA RET - Subject:   So typical Archie Date:   2/18/2011 9:17:00 AM

Except the wealthy!  Was I perhaps unclear about that? 

From where comes investment risk?  If you were to make $1 on every $10 invested, you would consider that acceptable.  If you were to make $10 on every $100 invested, you would also consider that acceptable.  But, if someone else makes make $100,000 on every $1,000,000 invested, you would consider that inappropriate. 

I don’t know what percentage of the client's capital investment you think is an appropriate fee for an architect… but, I would be willing to bet it’s more than 10%.