Item 5 - Fees and Compensation
RETIREMENT PLAN SERVICES (PENSION CONSULTING)
There is no minimum required for these services. The fees detailed in the table here below may be
negotiable under certain circumstances. Such advisory fees are payable after the end of each
calendar quarter and shall be paid to Amegy Investments. The fee for any period less than a full
quarter shall be pro-rated for that period of the quarter during which the assets are under the
management of Amegy. Retirement Plan Services clients are invoiced quarterly by Amegy and
shall mail or deliver a check payable to Amegy Investments, Inc. Amegy does not charge clients in
advance or require pre-payment of fees.
Fee Schedule for Assets Under Consultation
Assets Under Consultation Fee
Under $1,000,000 0.50%
Greater than $1,000,000 but less
0.35%
than $5,000,000
Greater than $5,000,000 but less
0.25%
than $15,000,000
Greater than $15,000,000 but less
0.20%
than $25,000,000
Greater than $25,000,000 0.15%
To the extent mutual funds are selected to fill components of the overall investment strategy, the
annual advisory fee set forth above does not include the customary fees and expenses associated
with investing in mutual funds or other costs of establishing and maintaining an account with
mutual funds including 12b-1 fees and expenses. These fees and expenses are not charged by
Amegy but are calculated into the performance returns for the mutual fund and are disclosed in the
fund prospectus.
Amegy may be deemed to be a fiduciary to advisory clients that are employee benefit plans or
individual retirement accounts (IRAs) pursuant to the Employee Retirement Income and Securities
Act ("ERISA"), and regulations under the Internal Revenue Code of 1986 (the "Code"),
respectively. As such, our firm is subject to specific duties and obligations under ERISA and the
Internal Revenue Code that include among other things, restrictions concerning certain forms of
compensation. To avoid engaging in prohibited transactions, Amegy may only charge fees for
investment advice about products for which our firm and/or our related persons do not receive any
commissions or 12b-1 fees. If Amegy does receive commissions or 12b-1 fees already included in
a mutual fund’s expense ratio, they must be paid on a “level-fee” basis, which means the fee does
not vary based on investment selection, and these amounts must be used to offset (reduce) the
client’s advisory fee accordingly.
Amegy Investments, Inc. 11
Form ADV Part 2A Client Brochure
Rev. March 31, 2015
Retirement Plan Advisory Services Termination: Unless an earlier termination date is mutually
agreed upon, either party may terminate the agreement by giving at least thirty (30) days' written
notice to the other party. In the event the agreement is terminated prior to the end of the quarter,
the advisory fee shall be prorated and charged prior to close or transfer of the account.
PRIVATE CLIENT INVESTMENTS AND PERSONAL INVESTMENT ADVISER GROUP
A minimum investment of $100,000.00 is required for this service. The annual asset-based
advisory fee will be calculated and charged after the end of each quarter following the tiered fee
schedules below. The fee is calculated on billable* assets to include all assets in the account
calculated as a daily average. Household accounts may be combined to achieve a lower fee rate.
Fees may be negotiable under certain circumstances. Amegy provides an invoice to each client
for their quarterly asset based fee. The fee is then deducted from your account by Pershing LLC
who serves as account custodian and also is Amegy’s clearing firm. Amegy does not charge our
clients in advance or require pre-payment of advisory fees.
*Billable assets are all assets in your account.
Annual Asset-Based Advisory Fee Schedule
Accounts With Market Value LESS Than $1,000,000
Market Value Advisory Fee
First $250,000 1.50%
Next $250,000 1.30%
Next $500,000 1.10%
Accounts With Market Value GREATER Than $1,000,000
Market Value Advisory Fee
First $3,000,000 1.00%
Next $7,000,000$ .80%
Next $10,000,000 .60%
Over $20,000,000 .45%
Amegy may pass through to the client certain administrative fees assessed by Pershing LLC for
their services, which are not included in the tiered fee schedules above. These fees, which relate to
elective services our clients may request such as wire transfers, are listed in Schedule B of the
Investment Advisory Agreement.
To the extent mutual funds and exchange traded funds (ETFs) are selected to fill components of
the overall investment strategy, the annual advisory fee set forth above does not include the
customary fees and expenses associated with investing in mutual funds and ETFs or other costs of
establishing and maintaining an account with mutual funds and ETFs including 12b-1 fees and
expenses. These fees and expenses are not charged by Amegy but are calculated into the
performance returns for the fund and are disclosed in the fund prospectus.
Amegy Investments, Inc. 12
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