Item 5 – Fees and Compensation
We provide asset management services for a fee.
Either party may terminate the relationship with a thirty (30) day written notice. Upon termination of
any account, any prepaid fees that are in excess of the services performed will be promptly refunded to
you. Lower fees for comparable services may be available from other sources.
Asset Management Fee Schedule
We have a minimum account opening balance requirement of $500,000. The fee charged is based upon
the amount of the portfolio on the last business day of the previous quarter. Fees are charged quarterly,
in advance. Payments are due and will be assessed on the last business day of each quarter, based on
the ending value of the account under management for the previous quarter and will be calculated as
follows:
Non-Tiered fee Schedule
Percentage Portfolio Size (AUM)
1.10% $500,000-$999,999
1% $1,000,000-2,999,999
0.9% +$3,000,000
The fees shown above are annual fees and may be negotiable based upon certain circumstances. No
increase in the annual fee shall be effective without prior written notification to you and an amended
agreement signed by both parties. We believe our advisory fee is reasonable considering the fees
charged by other investment advisers offering similar services/programs.
In the event that a client terminates their relationship with us during the billing period, the Adviser will
provide the Client with a pro-rata refund of the Client’s prepaid advisory fees. The fees we charge will be
deducted directly from your account at the custodian. We will require you to provide us with written
authorization to instruct the custodian to deduct the fees from your account at the end of the quarter.
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This fee will show up as a deduction on your following quarterly account statement from the custodian.
See, Item 15 for additional information.
Risemint Model Fees
Accounts utilizing our Risemint program will be charged an annual advisory fee of 1.00% in total. Our
advisory fee will 0.8% and Betterment will charge a 0.2% fee for the use of their platform. Fees are
charged quarterly, in arrears. Payments are due and will be assessed on the last business day of each
quarter. All documents will be completed via Betterment’s electronic system: onboarding, trading,
rebalancing, transferring funds, etc. All accounts will be linked to your bank account.
Retirement Plan Service Fees
Risemint Capital Advisors’ offers three tiers of 401(k) plan services. Our Silver Tier includes establishing
your Investment Policy Statement, reviewing your plan structure, investment management, investment
selection and monitoring, fund changes, and annual training. Our Gold Tier includes all of the services in
the Silver Tier, but also includes annual one-on-one meetings with a Certified Financial Planner for each
participant with a balance and the design and testing of profit sharing. Our Platinum Tier includes all of
the services offered in our Gold Tier, but also includes consultation with each participant regarding their
retirement plan.
Our Advisory fees for the plan are paid to us by the plan, or directly from the plan sponsor, or in some
cases a combination of both. These fees are generally collected by the plan record keeper or vendor and
paid directly to our firm. This fee includes services as an ERISA 3(38) fiduciary with respect to client’s
plan. Our fee schedule for each Tier is as follows:
Assets Under Silver Gold Platinum
Management
$1-$2,999,999.99 0.35% 0.45% 0.55%
$3 0.30% 0.40% 0.50%
Million-$4,999,999.99
$5 Million and over 0.25% 0.35% 0.45%
These fees are charged quarterly in arrears, based upon asset levels at the end of the billing period. If
Client terminates prior to the end the billing period, the client shall be charged a prorated advisory fee.
Risemint Capital Advisors’ advisory agreement with each plan sponsor outlines the timing of fees
collected and the process of fee remittal to our firm.
You may also incur fees related to your use of outside service providers including third-party
administrators and record keepers. The fee schedule for each outside service provider varies
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dramatically from service provider to service provider. The service provider’s fees will also vary from
plan to plan as each plan’s structure and characteristics are different from the next.
We believe our services help plan sponsors and plan fiduciaries meet their fiduciary duty to the plan and
its participants. As a part of our services, we review the fees of service providers and the transparency
of their fees. We will assist the plan sponsors with a review of service providers including the third-party
administrator, daily record keeper, and custodian to ensure that their services, along with ours, remain
competitive to alternatives that are available.
Annuity Fees
For accounts utilizing annuity products, all assets managed in an annuity will be charged a negotiable fee
between 0.25% and 1% annual advisory fee.
All of the fees described above are annual fees and may be negotiable based upon certain
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