Fee Structure

FEE APPROACH

Diversco employs a cost-effective approach in the management of al assets. Our Receivership professionals are cross-trained in all areas of business so as to maximize productivity and recovery, yet minimize costs through the use of budgets, pro-forms, and a proprietary systems.

Detailed, workable budgets are provided within the first 60 days of acquisition and will include comprehensive detail. Within any receivership, the uncertainty of asset management within the first 60-90 days will be reflected in the cost, but will subsequently decrease as the asset stabilizes. Additionally, any necessary third party services required by the asset will be true to cost and reflect real values, free of any supplementary mark-ups.

FEE SCHEDULE

Hourly Rates

$350 - Receiver/Trustee/Sr. Partner/Associated Professional (Fellows)

$225 - Sr. Associated/Project Manager

$150 - Associate/Project Coordinator

$125 - Junior Associate/Administration

Fee will be paid out of of the estate/business; the appointing party upon written request will cover any shortfall. Depending on size and scope, a flat fee or a not-to-exceed fee structure may be negotiated.

Please see below for Diversco payment policy.

Reimbursement of Expenses:

  • Insurance
  • Permit Fees
  • Reasonable out of pocket expenses

Third Party Expenses as needed and approved by appointing party and/or court (at market rates):

  • Attorney
  • Engineering
  • CPA
  • Appraisers
  • Subcontractors
  • Suppliers