Item 5 - Fees and Compensation
Investment Supervisory Services ("ISS") &
Retirement Plan Advisory Services Fees
Ballew Advisors charges an annual fee for its Investment Supervisory Services and Retirement Plan Advisory
Services. The fee is a percentage of the market value of all assets in the client account on a quarterly basis.
The fee is payable quarterly in advance. The fee schedule is as follows:
Assets Under Management Annual Fee
$0 - $150,000 *2.0%
$150,000 - $5,000,000 *1%
Over $5,000,000 *Negotiated
*Limited Negotiability of Advisory Fees: Although Ballew Advisors has established the aforementioned fee
schedule, we retain the discretion to negotiate alternative fees on a client-by-client basis. Client facts,
circumstances and needs are considered in determining the fee schedule. These include the complexity of the
client, assets to be placed under management, anticipated future additional assets, related accounts, portfolio
style, and account composition, among other factors. The specific annual fee schedule is identified in the
contract between the adviser and each client.
Ballew Advisors reserves the right to change these fees provided we notify the client in writing at least sixty
(60) days prior to the effective date of such change, and the client accepts the change.
Discounts, not generally available to our advisory clients, may be offered to family members and friends of
associated persons of our firm.
A minimum of $100,000 of assets under management is required for these services. With respect to certain
clients, such as retirement plans with annual contributions, and clients having separate related accounts, we
will accept accounts of less than $100,000 on a discretionary basis.
Clients have the option to have quarterly fees automatically deducted from their account or to be billed
directly. Ballew Advisors sends a bill showing the amount of the advisory fee deducted or billed, the account
value on which the fee is based, and how the fee was calculated. If billed directly, client must agree to pay all
fees within 30 days of receipt of the invoice.
Financial Planning/Social Security Fees
Ballew Advisors’ financial planning/social security fee is determined based on the degree of responsibility
involved and the skill required in preparing and rendering the advice. After the initial consultation for planning
services, a fee is estimated by Ballew Advisors and quoted to the client for the client's agreement. An amount
agreed upon between the client and the Ballew Advisors representative, is due upon acceptance of planning
services.
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General Information
Termination of the Advisory Relationship: All clients retain Ballew Advisors’ services by entering into a written
agreement. An agreement may be terminated by the client at any time for any reason or for no reason by
providing Ballew Advisors written notice. The client is obligated to pay advisory fees which would be pro-rated
through the date of termination (as discussed above, certain fees are paid in advance of services provided).
The date of termination is the latter of the delivery date of the notice of termination or the effective date the
client requests. An agreement may also be terminated by Ballew Advisors for any reason or for no reason by
providing thirty (30) days written notice to the client.
Mutual Fund Fees: All fees paid to Ballew Advisors for investment advisory services are separate and distinct
from the fees and expenses charged by mutual funds and/or exchange traded funds 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. If the fund also imposes sales charges, a
client may pay an initial or deferred sales charge.
A client could invest in a mutual fund directly, without our services. In that case, the client would not receive
the services provided by our firm which are designed, among other things, to assist the client in determining
which mutual fund or funds are most appropriate to each client's financial condition and objectives.
Accordingly, the client should review both the fees charged by the funds and our fees to fully understand the
total amount of fees to be paid by the client and to thereby evaluate the advisory services being provided.
Additional Fees and Expenses: In addition to our advisory fees, clients are also responsible for the fees and
expenses charged by custodians and imposed by broker dealers, including, but not limited to, any transaction
charges imposed by a broker dealer with which an independent investment manager effects transactions for
the client's account(s). Please refer to the "Brokerage Practices" section (Item 12) of this Firm Brochure for
additional information.
Additional Compensation: Most investment adviser representatives of Ballew Advisors receive compensation
from other financial industry affiliates. Please refer to the "Other Financial Industry Activities and Affiliations"
section (Item 10) of this Firm Brochure for additional information.
Advisory Fees in General: Clients should note that similar advisory services may (or may not) be available from
other registered (or unregistered) investment advisers for similar fees.
Limited Prepayment of Fees: Under no circumstances do we require or solicit payment of fees in excess of
$1,200 more than six months in advance of services rendered.
ERISA Accounts: Ballew Advisors is deemed to be a fiduciary to advisory clients that are employee benefit plans
or individual retirement accounts (IRAs) pursuant to the Employee Retirement Income Security Act ("ERISA"),
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