Item 5: Fees and Compensation
A. Portfolio Management Fee Schedules
Floating Flat Rate
Total Assets Under Management Annual Fees
$0 - $1,000,000 1.00%
$1,000,001 - $2,000,000 .85%
$2,000,001 - $5,000,000 0.70%
$5,000,001 - $10,000,000 0.55%
$10,000,001 + Negotiable.
There is an account minimum of $100,000, which may be waived by ABG Wealth in its
discretion.
There is a minimum fee for portfolio management of $75 per quarter per account. Accounts will
be charged this minimum platform fee or the advisory fee, whichever is greater. For accounts
smaller in size, payment of the minimum platform fee may result in the client paying a fee greater
than the industry standard of 2%. In such cases the client should be aware lower fees for
comparable services may be available from other sources.
ABG Wealth Management allows for the possibility that clients may receive interest rates
different from the standard tiered rates. Any adjustments to the advertised rates, either increases
or decreases, will depend on the level of engagement between ABG Wealth Management, its
Investment Adviser Representatives (IARs), and the client. This policy suggests that the rates a
client receives could be personalized, reflecting the firm's discretion in adjusting rates based on
the depth of the client's engagement with their financial advisors.
ABG Wealth uses an average of the daily balance in the client's account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.
These fees are generally negotiable, and the final fee schedule is attached as Exhibit I of the
Investment Advisory Agreement. Clients may terminate the agreement without penalty for a full
refund of ABG Wealth's fees within five business days of signing the Investment Advisory
Agreement. Thereafter, clients may terminate the Investment Advisory Agreement immediately
upon written notice.
Financial Planning Fees
Fixed Fees
The rate for creating client financial plans is up to $2,500. Fees are paid in arrears. The fees are
negotiable, and the final fee schedule will be attached as Exhibit II of the Financial Planning
Agreement. Clients may terminate the agreement without penalty within five business days of
signing the Financial Planning Agreement.
Hourly Fees
Depending upon the complexity of the situation and the needs of the client, the hourly fee for
these services is $350. The fees are negotiable, and the final fee schedule will be attached as
Exhibit II of the Financial Planning Agreement. Clients may terminate the agreement without
penalty within five business days of signing the Financial Planning Agreement.
B. Payment of Fees
Payment of Portfolio Management Fees
Asset-based portfolio management fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis or may be invoiced and billed directly to the
client on a quarterly basis. Clients may select the method in which they are billed. Fees are paid
in arrears.
C. Client Responsibility For Third Party Fees
Clients are responsible for the payment of all third-party fees (i.e., custodian fees, brokerage fees,
mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by ABG Wealth. Please see Item 12 of this brochure regarding broker-
dealer/custodian.
D. Prepayment of Fees
ABG Wealth collects its fees in arrears. It does not collect fees in advance.
E. Outside Compensation For the Sale of Securities to Clients
Neither ABG Wealth nor its supervised persons accept any compensation for the sale of
investment products, including asset-based sales charges or service fees from the sale of mutual
funds.