Item 5 – Fees and Compensation
The specific manner in which fees are charged by 3D/L is established in the investment advisory agreement. Fees
charged by 3D/L to client accounts include some or all of the following: investment management fee; platform
fee; model maintenance fee; direct investment management/administration fee; sub-advisor or model manager
fee; referral fee and Promoter fee.
These fees are defined as follows:
Investment management fee is the charge for 3D/L’s investment strategies which include proprietary stock-
based strategies, US and Global ETF-based models, 3D/L DFA models, targeted fixed income, custom account
management and other strategies managed by 3D/L’s investment team.
Platform fee includes costs of custodial account set up; asset transfer; account administration; client and advisor
reporting; trading; performance calculation; customer billing; Promoter billing and payment; client and advisor
online portal administration; and, other back and middle office services. This also includes any due diligence and
monitoring of specialty products such as interval funds and group annuity/stable value funds.
Model maintenance fee is the fee charged to receive in, reconcile, maintain and administer certain models
provided by institutional model managers who provide their models to 3D/L free of charge but are not proactively
providing administrative investment support or sales and marketing support.
Direct investment management/administration fee is the bundled fee charged by 3D/L and a 3D/L IAR to a
direct client that includes all of the above fees but does not include any sub-advisor or model provider fee, defined
below, charged by that sub-advisor or model provider.
Sub-advisor or model provider fee is the fee charged on behalf of a sub-advisor or model provider, the entire
amount of which is remitted to the sub-advisor or model provider and represents the cost to 3D/L MAP and the
client of the investment analysis, management and other intellectual property of the sub-advisor or model provider.
Promoter fee is the portion of the investment management fee charged to the client account and paid to the
Promoter. This fee is described in greater detail in the Promoter Disclosure document attached to the investment
advisory agreement signed by the client.
Referral fee is the portion of the investment management fee charged to the client account and paid to the referring
RIA. This fee is described in greater detail in the Referral Disclosure document attached to the investment
advisory agreement signed by the client.
The applicable fees described above and charged to client accounts are described as annual fees and are charged
directly to client accounts on a periodic basis as agreed. The fees are calculated on account values at the end of
each applicable period and are charged in arrears or in advance as agreed with the client. The fees are calculated
based on the number of calendar days in the month and are also asset-flow sensitive. That is, if cash or other
assets arrive or leave the account during a period, fees are charged on those assets only for the days the assets
were actually in the account that period.
3D/L discounts its platform fee based on the aggregate dollar value in a household’s account or accounts. The
tables below illustrate the fees charged to client accounts under normal circumstances. All fees are negotiable
and those negotiated fees are not illustrated below.
3D/L MAP Platform fee*:
Aggregate Household Assets with Annualized Fee
3D/L MAP
Up to $1,000,000 0.30%
$1,000,001 to $2,500,000 0.25%
$2,500,001 to $5,000,000 0.20%
$5,000,001 to $10,000,000 0.15%
$10,000,001 and over 0.10%
* The above DOES NOT include the Platform Fee for the Stable Value IRA offering through IPX Retirement,
which follows.
3D/L Platform and Advisory Fee for Stable Value IRA through IPX Retirement
Aggregate Household Assets with Annualized Fee
3D/L MAP
All amounts / no breakpoints 0.25%
Fiduciary Investment Management and Model Management for National Life’s Managed Opportunities
Platform
Service Provided Annualized Fee How billed
Fund due diligence review and Charged at the plan level on all mutual
0.05%
monitoring of recommended list fund assets
Model portfolio management Charged to model portfolio assets in
0.20%
participant accounts
3D/L Investment Management fee:
Investment Style/ Annualized Fee
Strategy Family
3D/L Global ETF Portfolios 0.20%
3D/L DFA Portfolios 0.10%
3D/L Targeted Fixed Income 0.10%
3D/L Specialty ETF Portfolios 0.20%
3D/L LALCS 0.35%
3D/L Model Maintenance fee:
All 3rd Party Designated Models 0.10%
Direct Investment Management/Administrative fee:
Annual fee: 2.00%, may be discounted
Sub-advisor, Model Provider fee:
Subadvisor Annualized Fee
Astoria Portfolio Advisors 0.50%
Orion Communities Models 0.10% -0.65%
Promoter fee:
Maximum Promoter or Referral Fee = 1.50%
Ranges of combined fees for Solicited or Referral Clients (may not be all-inclusive)
3D/L MAP 3D/L Inv Mgt fee 3D/L Model Sub-advisor/ Promoter/Referral fee Total
fee Maint fee Model Mgr Fee
Promoter/Referral using 3D/L MAP and 3D/L as investment manager
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