Item 5 – Fees and Compensation
AIM is compensated by our clients through a monthly investment management fee that is based on a
percentage of the net asset value, or total assets minus liabilities, of the account and will generally range
from 0.15% to 1.00% of assets under management per year, depending on the size and complexity of the
account. Trades will not be placed in all client portfolios every month, but AIM will still charge the ongoing
management fee. Certain legacy accounts will be billed quarterly for the management fee.
The net asset value of securities in the account shall be calculated using the average daily balance on the
largest securities exchanges or over-the counter market, as applicable. Fees are payable within thirty (30)
days following the end of each month. Fees and services are negotiable and can be waived under any
circumstances in AIM's sole discretion. Fees for our subscription model include a start-up fee followed by
an ongoing monthly fee. The actual fees will be disclosed at the beginning of the relationship and are
negotiable.
The specific manner in which fees are charged by AIM is established in a written Discretionary
Management Agreement between AIM and each client. Clients will be billed in arrears each calendar
month, or each quarter for certain legacy clients. Clients authorize AIM to directly debit fees from client
accounts. The monthly or quarterly statements we provide clients include the fee calculation formula,
amount of assets the fees are based upon, and the time periods covered by the fee and are sent to clients
before fees are deducted from their accounts. Management fees shall be prorated for each capital
contribution and withdrawal made during the applicable calendar month (or quarter with the exception
of very small contributions and withdrawals). Accounts initiated or terminated during a calendar month
or quarter will be charged a prorated fee. Upon termination of any account, any unpaid fees will be due
and payable.
Clients’ average management fee will be reduced by AIM by “householding” their investment accounts.
For example, a household could have multiple account types, including brokerage, retirement, trust, and
otherwise, and AIM will aggregate all account balances for purposes of calculating the investment
management fee according to the aforementioned fee range.
Blackrock will cover the cost of the GeoWealth platform since AIM meets the required threshold when
using Blackrock models. See Item 12 for more information about Blackrock.
AIM’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses
that will be incurred by the client. Clients will incur charges imposed by custodians, brokers, third parties
(such as fees charged by managers, custodial fees, deferred sales charges, odd-lot differentials, transfer
taxes, wire transfer and electronic fund fees), digital assets exchanges, if applicable, and other fees and
taxes on brokerage accounts and securities and other asset transactions. Mutual funds and exchange
traded funds also charge internal management fees, which are disclosed in a fund’s prospectus. These
charges, fees, and commissions are exclusive of and in addition to AIM’s fee, and AIM shall not receive
any portion of these commissions, fees, and costs.
Item 12 further describes the factors that AIM considers in selecting or recommending broker-dealers for
client transactions and determining the reasonableness of their compensation (e.g., commissions).
AIM uses Pontera, an online platform, to directly manage client 401ks, 403bs, and other employer-based
retirement plans. The client securely logs into the site and allows AIM to manage the accounts without
taking custody of the assets. Pontera charges AIM a percentage of assets under management annually.
The client does not pay extra for this service.
None of our employees receive (directly or indirectly) any compensation for the sale of securities or other
products.