Sheltered Harbor is a not-for-profit, industry-led effort. Fees paid to Shelter Harbor depend on the size and type of institution.
You may apply at a higher tier to take advantage of the benefits of that level.
For banks and credit unions, Participant fees are determined based on both Participant's total US banking assets and Participant’s total US deposit accounts to more accurately reflect bank size. Below describes current fees applying at each level of Participant’s assets and accounts.
Assets |
Accounts |
Fee |
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|---|---|---|---|---|---|---|
Onlne |
Download |
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| <$100MM | and | <10K | $250 |  |
OR |  |
| <$1B | and | <500K | $500 | |
OR | |
| >500K | $2,500 | |
OR | |
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| $1B - $50B | and | <500K | $2,500 | |
OR | |
| >500K | $10,000 | |
OR | |
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| >$50B | and | <1M | $10,000 | |
OR | |
| >1M | $25,000 | |
OR | |
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If your operations include brokerage and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.
For securities firms, Participant fees are determined based on both client assets* and the number of clearing clients. The schedule below describes current fees applying at each level of Participant’s assets and accounts.
Client
|
Clearing
|
Fee |
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Online |
Download |
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|
<$100MM |
and |
<1 (self clearer) |
$2,500 |
|
OR |
|
|
<$10B |
and |
<50 |
$5000 |
|
OR |
|
|
50 - 100 |
$10,000 |
|
OR |
|
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|
$10B - $200B |
and |
<20 |
$10,000 |
|
OR |
|
|
>20 |
$25,000 |
|
OR |
|
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| >$200B | or | >100 | $25,000 | |
OR | |
* Including discretionary and non-discretionary assets
If your operations include banking and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.
Participant fees or asset managers, transfer agents and recordkeepers are determined based on AUM or plan assets. The schedule below describes current fees applying at each level of Participant's AUM or plan assets.
AUM or Plan Assets |
Fee |
Join Sheltered Harbor |
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|---|---|---|---|---|
Online |
Download |
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| <$20B | $2,500 | |
OR | |
| $20B - $50B | $5,000 | |
OR | |
| $50B - $200B | $15,000 | |
OR | |
| > $200B | $25,000 | |
OR | |
If your operations include banking and/or brokerage accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.
Sheltered Harbor standards, best practices, and other materials are developed by collaborative working groups, composed of subject matter experts, mainly from Sheltered Harbor participant institutions and partners.
The working groups are highly active, meet often, and produce concrete deliverables. Therefore, joining is a real commitment. In return, members get to shape the development of the standard, build their own skills and expertise in various aspects of cyber resilience, and grow their professional networks through substantive work with peers around the country.
Current Working Groups:
If you are a participant interested in joining a working group, please contact Sheltered Harbor at This email address is being protected from spambots. You need JavaScript enabled to view it..
Sheltered Harbor has engaged several advisory and/or assurance firms as Alliance Partners to help participants with implementation.
We will continue to expand relationships with assurance and advisory firms in an effort to support the market with a broad menu of options, so keep checking for updates.
| Deloitte | Assurance | ||
| Joe Gaglio | Principal, Risk & Financial Advisory | 313 394 5109 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| EY | Advisory | ||
| Carl Liebel | Managing Director, Financial Services Advisory | 917-969-1802 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Grant Thornton | Advisory | ||
| Sudhakar Sathiyamurthy | Managing Director | 312-244-9113 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| KPMG | Advisory | ||
| Vivek Mehta | Partner, Emerging Technology Risk | 646-239-6088 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Promontory | Advisory | ||
| Seth Kulakow | Director, Cyber Solutions Practice | 303-947-7096 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| PwC | Advisory | ||
| Ertem Osmanoglu | Principal, Cybersecurity and Privacy | 646-331-1595 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
| RSM | Advisory & Assurance | ||
| Hussain T. Hasan | National Leader, Risk Advisory Services - Technology Risk Consulting | 312-634-3700 | This email address is being protected from spambots. You need JavaScript enabled to view it. |
