ITEM 5 FEES AND COMPENSATION
ITEM 5A FEES AND COMPENSATION FOR INDIVIDUALS, TRUSTS, ESTATES, CORPORATIONS AND
OTHER BUSINESS ENTITIES
Causey Demgen & Moore P.C. is compensated for the advisory services that we provide for individuals,
trusts, estates, corporations and other business entities, as well as pension and profit sharing plans in the
form of a management fee based upon assets under management. In certain situations, the fee for our
services can be in the form of a flat fee retainer or based on hourly charges. These rates are agreed upon
in advance and the advisory fee is billed in arrears on a quarterly, semiannual, or annual basis depending
upon the predetermined reporting arrangement between the client and the Advisor. An invoice is sent
to the client and the client may choose to pay the invoice directly, or sign the invoice providing
authorization and instruction to Causey Demgen & Moore P.C. to deduct the fees directly from the client’s
investment advisory account(s).
Our standard advisory fee schedule is as follows, yet may vary based on the unique circumstances of each
client. However, the average fee will never exceed 2.0% annually.
Average Portfolio Value Annual Rate
$ 0 $ 1,500,000 1.00%
$ 1,500,000 $ 3,000,000 0.85%
$ 3,000,000 $ 5,000,000 0.75%
$ 5,000,000 $10,000,000 0.60%
$10,000,000 0.50%
Advisory fees are calculated based on the average value of the portfolio at the beginning of the period
and the value at the end of the agreed upon period as discussed above. The minimum annual fee is
$10,000. Work may also be compensated on an hourly basis.
Causey Demgen & Moore P.C. receives no other compensation than that from investment advisory fees
for these services. No commissions or additional compensation for the sale of specific products are ever
received. Other activities for which the client may choose to engage our services (such as financial
planning, tax consultation and return preparation) are billed separately.
While the client is under no obligation to custody assets with the custodian recommended by Causey
Demgen & Moore P.C., if the client chooses to do so, there may be additional fees assessed by the
custodian for the custody of assets or to effect transactions. Certain investments recommended including
mutual funds, stocks, exchange-traded funds, or bonds may incur additional trading costs. These fees
will vary depending upon the type of investment recommended. Causey Demgen & Moore P.C. receives
no portion of the additional fees paid nor any payments from custodians or brokers.
Date of Brochure: June 30, 2023
Part 2A of Form ADV: Firm Brochure Page 7 of 16
ITEM 5B FEES AND COMPENSATION FOR MUNICIPAL ENTITIES AND INSTITUTIONAL INVESTORS
Causey Demgen & Moore P.C. is compensated for the advisory services that we provide for municipal
entities and institutional investors in one of several different ways depending on the particular investment
product being acquired or services rendered. In certain situations, the fee for our services can be in the
form of a flat fee. These fees are agreed upon in advance and are due and payable upon delivery of the
security or investment being acquired or credited against an annual retainer to be paid quarterly. The
client may choose to pay our fee directly, or to have our fee paid directly by the provider of the security
or investment agreement and deducted from the yield on such security or investment agreement.
Our standard advisory fee schedule is as follows, however, variations may occur based on the unique
circumstances of the investment strategy developed for each client.
A. The fees for bidding any investment agreement, flexible repurchase agreement or other
structured products will be a fixed amount to be negotiated with our client, which amount will be
within the safe harbor guidelines set forth in applicable Treasury Regulations. Our fee will
generally be paid by the winning investment provider.
B. The fees associated with investments in direct security purchases (such as U.S. Treasury Securities,
Agency Securities, Municipal Bonds, Commercial Paper and Certificates of Deposit) will be either
a fixed amount to be negotiated with the client or a percentage fee applied against the purchase
price of such security.
C. The fees associated with the on-going management of a municipal issuer or business entity’s
operating and other funds in fixed include assets are as follows, yet may vary based on the unique
circumstances of each client.
Average Portfolio Value Annual Rate
$ 0 $ 3,000,000 0.25%
$ 3,000,000 $ 5,000,000 0.20%
$ 5,000,000 0.15%
D. Fees for services not described above are separately negotiable.
Causey Demgen & Moore P.C. receives no compensation for investment advisory services other than the
fees described above. No commissions or additional compensation for the sale of specific products are
ever received. Other activities for which the client may choose to engage our services are billed
separately.
Investments acquired for municipal entities will generally be held in an escrow account or other trust
account maintained by a trustee bank for the benefit of the Client. In no event will Causey Demgen &
Moore P.C. take custody of any cash or investment owned by a municipal entity.
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