Bright Advisors LLC

Item 5 – Fees and Compensation

Fees for Investment Management Services

Bright Advisors provides discretionary investment management services and charges an annual
fee, billed quarterly in arrears or in advance, depending on what your agreement stipulates. Fees
are based on the average daily balance of your account(s) during the applicable quarter.
Our standard fee is up to 2% of assets under management. The specific fee schedule for your
account may be tiered, a flat percentage, or a flat dollar amount. All fee arrangements will be
clearly outlined in your investment management agreement.
Fees are typically deducted directly from your account(s) each quarter unless another
arrangement is agreed upon in writing. Your fee covers the ongoing investment management and
advisory services we provide, including assets held in cash or cash equivalents, and accrued
interest and dividends.
If you decide to terminate your agreement within five business days of signing, you may do so
without penalty and will receive a full refund of any fees paid. After that period, you may end the
relationship as outlined in your investment management agreement. In such cases, we will
prorate your final fee and return any unearned portion.
As noted in Item 6, we do not charge performance-based fees.

Fees for Third-Party Managers or Sub-Advisers

In some cases, Bright Advisors may recommend or engage other registered investment advisers
(“sub-advisers”) to provide specialized management for all or part of your portfolio.
When this occurs, the sub-advisory fee is generally paid out of the management fee you already
pay to Bright Advisors. For example, if your account is charged a total advisory fee of 1.00% (100
basis points), and a sub-adviser charges 0.40% (40 basis points), you will still pay only 1.00% in
total. In that case, Bright Advisors retains 0.60% (60 basis points), and the sub-adviser receives
0.40% (40 basis points).
In limited cases, a sub-adviser may charge an additional fee on top of Bright Advisors’
management fee. If this applies to your account, the arrangement and total cost will be disclosed
clearly in your investment management agreement before any such engagement begins.
The timing and method of fee payment may vary depending on the third-party adviser, but all
details will be explained in advance so you understand how costs are assessed.

Bright Advisors Firm Brochure – Initial Registration

Fees for Financial Planning

Bright Advisors generally provides financial planning services as part of the overall advisory
relationship, and these services are included in the investment advisory fee you already pay. This
includes reviewing your goals, analyzing your current portfolio, preparing retirement projections,
and developing actionable strategies.
In certain situations where the scope of work is highly complex or requires a substantial amount
of time and effort, Bright Advisors may propose a separate financial planning engagement. In
those limited cases, we will collaborate with you to agree on a separate fee and enter into a
distinct financial planning agreement.
This approach ensures that you receive comprehensive planning support as part of your advisory
relationship, while also providing flexibility if your situation requires a more extensive, stand-
alone planning effort.

Fees for Bespoke Wealth Advisory Services

Bright Advisors charges advisory fees for bespoke wealth advisory services that reflect the highly
customized nature of these engagements. Fees may be charged up to 1.00% of assets under
management. Because each relationship varies in scope, complexity, and required resources,
fees for these services are fact-specific and subject to negotiation.
In some cases, a fixed or flat fee may be agreed upon instead of, or in addition to, an asset-based
fee. All fees and terms will be documented in the client’s written advisory agreement before
services begin.

Fees for OCIO Services

Bright Advisors charges advisory fees for outsourced chief investment officer (“OCIO”) services
of up to 1.00% of assets under management. As with bespoke wealth advisory, the actual fee
depends on the scope and complexity of the engagement, the size of the portfolio, and the
services provided. Fees for OCIO services are fact-pattern specific and subject to negotiation.
Depending on the circumstances, clients may agree to an asset-based fee, a flat fee, or a
combination of both. The agreed-upon fee arrangement will be clearly set forth in the client’s
advisory agreement prior to the start of the engagement.

Valuation of Client Assets

Your custodian, typically Charles Schwab, is responsible for valuing all assets in your account.
Bright Advisors does not determine valuations directly.

Bright Advisors Firm Brochure – Initial Registration

For securities without a readily available market price, your custodian will determine fair value in
good faith. If your account includes alternative investments, such as private funds, the alternative
investment manager or sponsor will generally provide valuations to your custodian. Bright
Advisors and any sub-advisers will cooperate with custodians in good faith to ensure fair
valuations for billing purposes.

Exchange-Traded Funds and Mutual Fund Fees

All fees paid to Bright Advisors for investment management are separate from the internal
expenses of exchange-traded funds (“ETFs”) and mutual funds in which we may invest your
assets.
These fund-level costs may include management fees, operational expenses, and, in some
cases, distribution or sales charges. These fees are described in each fund’s prospectus. While
you could invest directly in these funds without our services, doing so would not provide you with
the personalized advice and investment management Bright Advisors delivers.
You should review both the fees charged by the funds and our advisory fees to understand your
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Item 7 – Types of Clients

Bright Advisors provides financial planning and investment management services to a wide
range of clients, including individuals, high-net-worth individuals (generally defined as
having a liquid net worth of $2.2 million or at least $1.1 million invested), and corporations
or other business entities.
In addition, Bright Advisors offers institutional services, including bespoke wealth advisory
and outsourced chief investment officer (“OCIO”) services for family offices, foundations,
and similar organizations. These services are tailored to the specific needs, governance
structures, and investment objectives of institutional clients.
Bright Advisors generally imposes a minimum account value of $500,000. This account
minimum may be waved at the advisor’s discretion. However, certain third-party advisers
engaged by Bright Advisors may maintain their own account minimums, which vary
depending on the investment solution being utilized. Clients who do not meet a third-party
adviser’s minimum may not be able to access certain strategies or services.

Bright Advisors Firm Brochure – Initial Registration