Item 5—Fees and Compensation
In most situations, the fee for Investment Management for will be based on the amount of assets under man-
agement (“AUM”), as determined by the independent qualified custodian. Clients for Investment Manage-
ment are provided an advisory agreement (“Agreement”) that outlines our services, as well as a description of
the fees charged (“Advisory Fees”). Typically, Advisory Fees will be charged monthly and in arrears, based
on the value of the assets at the end of the month. Accounts opened under the Agreement will be aggregat-
ed together for determining AUM during the billing process, which may provide the client a lower Advisory
Fee rate. Our standard Advisory Fee schedule for Individual Accounts is as follows:
Assets Under Management Advisory Fee
First $2 million 1.00%
Next $3 million 0.80%
Next $5 million 0.70%
Next $10 million 0.60%
Over $20 million 0.50%
Our Advisory Fee is charged on a tiered basis, meaning that clients will pay each level of fee based on their
AUM. For example, a client with $5 million would pay 1.00% on the first $2 million and 0.80% on the next $3
million. Advisory Fees we charge are separate and distinct from the fees and expenses charged by invest-
ments like mutual funds and exchange traded funds (ETFs). In these cases, the fees and expenses are de-
scribed in each fund's prospectus or available through common financial websites. These fees will generally
include a management fee, other fund expenses, and a possible distribution fee.
Fees for financial consulting are based on the arrangement, and will be priced based upon a scope of ser-
vices proposed to the client, not to exceed $250,000 per year. Financial Consulting fees are payable in ar-
rears, on a monthly basis. Financial Consulting may be provided on private investments not available through
Client’s custodian. This Consulting Fee will be for due diligence, investment suitability and general recom-
mendations. Financial Consulting fees are paid by check, ACH or through any taxable account opened
through Investment Management.
In addition to our Advisor Fee, clients are also responsible for the transaction charges, fees and other ex-
penses charged and imposed by the firm (“Custodian”) who holds the client assets. Where we recommend or
select an Investment Manager, it is important to know that their fees are separate and in addition to our Advi-
sory Fees. Accordingly, clients should review both the fees charged by the funds/ETFs, Custodiam, Invest-
ment Managers and the fees charged by the Advisor to fully understand the total amount of fees to be paid.
Advisory Fees may be negotiated, lowered or waived for family, friends or based upon the complexity level of
the client situation. Clients provide us authorization to electronically debit our fees in the Agreement and cus-
todial paperwork. Clients can cancel the Agreement for Investment Management without any charges and
penalties within 5 business days after contract execution.
In the event a client terminates our services Advisory Fees will be charged until the notice of termination is
provided by the client. Advisory Fees are electronically debited from client accounts. The value of the fee
used to calculate the Advisory Fee will include all positions in the account, cash, dividends, accrued interest
and interest payments unless specifically excluded in the Special Instructions section of the Agreement. Un-
managed positions or investments will not be included in the AUM nor charged Advisory Fees and this in-
cludes non-traded REITS. Similar services may be offered by other advisors at a lower fee.