Account Minimums and Types of Clients — Form ADV Part 2A (3/27/2024)
[Brochure]
Item 7: Types of Clients
Form ADV Part 2A 12
APA primarily provides investment advice and financial planning services to the following types of clients:
• Individuals
• Joint accounts
• Retirement
• Custodial
• Pension and profit-sharing plans
• Trusts, estates and charitable organizations
• Corporations and other business entities
Minimum Account Size
The minimum account size for an Advisor’s Choice 3 account is $10,000. APA reserves the right to grant exceptions after a review of a
request by an advisor. These participants will pay all charged custodial fees and or charges assessed and debited from the account. Accounts
that are registered as IRA accounts will pay the required annual IRA Maintenance fee and no activity fees (if no transactions occur in an
account within the calendar year) as charged by custodians – debited from the account.
APA or the third-party manager may require the client to deposit additional money or securities to bring the account value up to the required
minimum or close the account or charge the client a minimum billing fee as provided in each client agreement and managers brochure. All
above values and conditions apply to all custodians approved by APA and the advisors of APA’s corporate RIA.
FIDUCIARY ACKNOWLEDGMENT: When we provide investment advice, as defined by the Department of Labor, to you regarding your
retirement plan account or individual retirement account (IRA) under ERISA, we are fiduciaries within the meaning of Title I of the Employee
Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we
make money can create some conflicts of interest, so we operate under a special rule that requires us to act in your best interest and not put our
interests ahead of yours.