Item 5 Fees and Compensation
A. The client can determine to engage the Registrant to provide discretionary and/or non-discretionary investment advisory
services on a fee basis.
INVESTMENT ADVISORY SERVICES
If a client determines to engage the Registrant to provide discretionary and/or non-discretionary investment advisory services
on a fee basis, the Registrant’s annual investment advisory fee shall be based upon a percentage (%) of the market value and
type of assets placed under the Registrant’s management, to be charged quarterly in advance.
General Fee Schedule:
ACCOUNT VALUE ANNUAL MANAGEMENT FEE
Up to $5,000,000 1.25%
$5,000,000 - $10,000,000 1.00%
$10,000,000 - $25,000,000 0.85%
$25,000,000 - $50,000,000 0.65%
$50,000,000 and over negotiated
Registrant, in its sole discretion, may charge a lesser investment management fee and/or reduce or waive its portfolio
minimum based upon certain criteria (i.e. anticipated future earning capacity, anticipated future additional assets, dollar
amount of assets to be managed, related accounts, account composition, negotiations with client, etc.).
Affiliated Private Funds: Conflict Of Interest. Because Apex and/or its affiliates can earn compensation from the Apex
affiliated private investment funds referenced at Item 4 above (advisory fees, property management fees, and contingent
incentive compensation) that exceed the fee that Apex would earn under its standard asset-based fee schedule referenced in
Item 5 below, the recommendation that a client become a Fund investor presents a conflict of interest. No client is under any
obligation to become a Fund investor. Apex’s Chief Compliance Officer, Joseph R. Weidenburner, remains available to
address any questions regarding this conflict of interest.
FINANCIAL PLANNING, TAX PLANNING AND CONSULTING SERVICES (STAND-ALONE)
To the extent specifically requested by a client, the Registrant may determine to provide financial planning and/or consulting
services (including investment and non-investment related matters, including estate planning, insurance planning, etc.) on a
stand-alone fee basis. Registrant’s planning and consulting fees are negotiable, but generally range from $5,000 and up on a
fixed fee basis depending upon the level and scope of the service(s) required and the professional(s) rendering the service(s).
Registrant reserves the right to charge a minimum fee for financial planning services based on total assets under management.
B. Clients will have the Registrant’s advisory fees deducted from their custodial accounts as directed. Both Registrant's
Investment Advisory Agreement and the custodial/ clearing agreement authorize the custodian to debit the account for the
amount of the Registrant's investment advisory fee and to directly remit that management fee to the Registrant in compliance
with regulatory procedures. In the limited event that the Registrant bills the client directly, payment is due upon receipt of
the Registrant’s invoice. The Registrant shall deduct fees and/or bill clients generally monthly in advance, based upon the
market value of the assets.
C. Unless the client directs otherwise or an individual client’s circumstances require, the Registrant shall generally recommend
Fidelity Institutional (“Fidelity”), Inspira Financial, or other custodians or clearing agencies as deemed appropriate to serve
as the broker-dealer/custodian/clearing agency for client investment management assets. Broker-dealers such as Fidelity and
other custodians/clearing agencies charge brokerage commissions and/or transaction fees for effecting certain securities
transactions (i.e. transaction fees are charged for certain no-load mutual funds, commissions are charged for individual equity
and fixed income securities transactions). Clients will incur, in addition to Registrant’s investment management fee,
brokerage commissions and/or transaction fees, and, relative to all mutual fund and exchange traded fund purchases, charges
imposed at the fund level (e.g. management fees and other fund expenses). When beneficial to the client, individual debt
and/or equity transactions may be effected through broker-dealers with whom Registrant and/or the client have entered into
APEX FINANCIAL ADVISORS, INC.
ADV PART 2A Page 8 of 15
arrangements for prime brokerage clearing services, including effecting certain client transactions through various SEC
registered and FINRA member broker-dealers (in which event, the client shall incur both the transaction fee charged by the
executing broker-dealer and a “tradeaway” fee charged by the account custodian).
D. Registrant's annual investment advisory fee shall be prorated and paid generally monthly in advance, based upon the market
value of the assets on the last business day of the previous month. The Registrant does generally require an annual minimum
fee for investment advisory services. However, Registrant, in its sole discretion, may charge a lesser investment management
fee based upon certain criteria (i.e. anticipated future earning capacity, anticipated future additional assets, dollar amount of
assets to be managed, related accounts, account composition, negotiations with client, etc.). Please Note: As result of the
above, similarly situated clients could pay different fees. In addition, similar advisory services may be available from other
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