Item 5. Fees and Compensation
PORTFOLIO MANAGEMENT SERVICES
Our annual fees, after an initial set-up fee of $100 to $10,000 (based on the nature and
complexity of the client’s circumstances), will be based on the following schedule:
Assets under Management Percentage
Up to $2,500,000 1.00%
On the Next $15,000,000 0.75%
On the Next $25,000,000 0.65%
On the Next $50,000,000 0.50%
On the excess 0.25%
Portfolio Management Services clients are subject to a minimum annual fee not to exceed
$3,187, based on the nature and complexity of the client’s circumstances.
Clients will be invoiced in arrears at the end of each three-month period based upon the quarter
end value (market value or fair market value in the absence of market value, plus any credit
balance or minus any debit balance), of the client's account of the previous quarter.
This fee schedule took effect on January 1, 2026. Clients who engaged us prior to that date may
be charged according to an earlier fee schedule.
FINANCIAL PLANNING
A flat fee will be calculated based upon the nature and complexity of the individual client's
personal circumstances and AMG services.
These fees are based on an hourly rate of $925/hour and will typically range from $2,500 -
$10,000 per year. All fees are agreed upon prior to entering into a contract with any client.
Financial planning fees shall be due as follows: The fee shall be due upon entering into the
contract. Financial plans generally will be presented to the client within six months of entering
into the contract, provided that all information needed to prepare the financial plan has been
promptly provided by the client.
Reviews of a client’s financial plan are available and are charged based upon the fee schedule in
effect at the time of AMG’s review.
LIMITED FINANCIAL PLANNING
Fees for any specific module and/or consulting services will be billed at an hourly rate
determined by most effective use of personnel at the following rates:
• Senior Financial Adviser $925/hour
• Financial Planner $420/hour
• Certified Insurance Consultant $260/hour
• Registered Paraplanner $165/hour
• Administrative Staff $95/hour
Such fees shall be due and payable as rendered.
GENERAL INFORMATION ON FEES
In certain circumstances, all fees and account minimums may be negotiable. Further, fee
schedules and minimums may vary among clients and depend on the client circumstances, nature
of services, amount of assets and length of relationship, among other reasons.
We may group certain related client accounts for the purposes of determining the annualized fee.
The fee charged is calculated as described above and is not charged on the basis of a share of
capital gains upon or capital appreciation of the funds or any portion of the funds of an advisory
client (SEC Rule 205(a)(1)).
Termination
A client agreement may be canceled at any time, by either party, for any reason, upon receipt of
written notice. Upon termination of any account, any prepaid, unearned fees will be promptly
refunded.
Clients will have a period of five (5) business days from the date of signing the agreement to
unconditionally rescind the agreement and receive a full refund of all fees. After the five
business days, the client may terminate the agreement by providing us with written notice at our
principal place of business prior to delivery of the plan or completion of other services.
Upon termination after the five business days, we will prorate fees to the date of termination and
refund to the client the unearned portion of the fee we have collected. Under no circumstances
will we earn fees in excess of $1,200 more than six months in advance of services rendered.
Pursuant to California Rule 260.238(j), we disclose that similar services may be available from
other practitioners at comparable or lower fees. Pursuant to California Rule 260.235.2, AMG, or
an associated person, may receive commissions from the sale of insurance or from the sale of
securities or other products recommended in the financial plan. No client is under any obligation
to act on AMG's recommendations.
Also, no client is required to act on the recommendation of any associated person of AMG. If
any client elects to act on any of the AMG recommendations, such client is under no obligation
to affect the transaction through AMG, or any of its associated persons. A conflict of interest
may exist between the interests of the investment manager or associated person and the interests
of the client.
Separate Expenses and Fees
All fees paid to AMG for investment advisory services are separate and distinct from the fees
and expenses charged by mutual funds and exchange traded funds (ETFs) to their shareholders.
These fees and expenses are described in each fund's prospectus. These fees will generally
include a management fee, other fund expenses, and a possible distribution fee for mutual funds.
If the mutual fund also imposes sales charges, a client may pay an initial or deferred sales
charge.
A client could invest in a mutual fund or ETF directly, without the services of AMG. In that
case, the client would not receive the services provided by AMG which are designed, among
other things, to assist the client in determining which mutual funds or ETFs are most appropriate
to each client's financial condition and objectives. Accordingly, the client should review both the
fees charged by the funds or ETFs and the fees charged by AMG to fully understand the total
amount of fees to be paid by the client and to evaluate the advisory services being provided.
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