Item 5: Fees & Compensation
Comprehensive Portfolio Management:
Assets Under Management Annual Percentage of Assets Charge
$0 to $999,999.00 2.00%
$1,000,000 to $4,999,999.00 1.50%
$5,000,000 and above 1.00%
Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of
your account on the last day of the previous quarter. Our fees are generally not negotiable. Fees will
1 Please note that our method for computing the amount of “client assets we manage” can be different from the method for computing
“assets under management” required for Item 5.F in Part 1A of Form ADV. However, we have chosen to follow the method outlined for
Item 5.F in Part 1A of Form ADV. If we decide to use a different method at a later date to compute “client assets we manage,” we must keep
documentation describing the method we use and inform you of the change. The amount of assets we manage may be disclosed by rounding
to the nearest $100,000. Our “as of” date must not be more than three months before the date we last updated our Brochure in response
to Item 4.E of Form ADV Part 2A.
ADV Part 2A – Firm Brochure Page 5 Crossmarket Capital, LLC
generally be automatically deducted from your managed account. Adjustments will be made for
deposits and withdrawals during the quarter. In rare cases, our firm will agree to direct bill clients.
As part of this process, you understand and acknowledge the following:
a) Your independent custodian sends statements at least quarterly to you showing the
market values for each security included in the Assets and all disbursements in your
account including the amount of the advisory fees paid to us;
b) You provide authorization permitting us to be directly paid by these terms;
c) We send a copy of our invoice to you;
d) Our invoice includes a legend that urges the client to compare information provided in
their statements with those from the qualified custodian in account opening notices and
subsequent statements sent to the client for whom the adviser opens custodial accounts
with the qualified custodian.
Financial Consulting:
We charge on an hourly basis for financial consulting services. The total estimated fee, as well as the
ultimate fee that we charge you, is based on the scope and complexity of our engagement with you.
Our hourly fees are $200 for financial advisors.
We do not require a retainer fee for the financial consulting service. Our fees will be directly billed to
you and due to us within thirty (30) days of your financial plan being delivered or consultation
rendered to you. In all cases, we will not require a retainer exceeding $500 when services cannot be
rendered within 6 (six) months.
Portfolio Monitoring:
Our portfolio monitoring fee will be based upon a percentage of the market value of assets under
management not to exceed 1.00%. Our firm’s fees are billed on a pro-rata annualized basis quarterly
in advance based on the value of your account on the last day of the previous quarter. Fees will
generally be automatically deducted from your managed account. Adjustments will be made for
deposits and withdrawals during the quarter. In rare cases, our firm will agree to direct bill clients.
As part of this process, you understand and acknowledge the following:
a) Your independent custodian sends statements at least quarterly to you showing the
market values for each security included in the Assets and all disbursements in your
account including the amount of the advisory fees paid to us;
b) You provide authorization permitting us to be directly paid by these terms;
c) We send a copy of our invoice to you;
d) Our invoice includes a legend that urges the client to compare information provided in
their statements with those from the qualified custodian in account opening notices and
subsequent statements sent to the client for whom the adviser opens custodial accounts
with the qualified custodian.
While we believe our annual fees are reasonable in relation to the fees charged by other investment
advisers, in order to comply with CCR Section 260.238(j), we must disclose that lower fees for
comparable services may be available from other sources.
ADV Part 2A – Firm Brochure Page 6 Crossmarket Capital, LLC
Other Types of Fees & Expenses
Clients will incur transaction charges for trades executed in their accounts. These transaction fees
are separate from our fees and will be disclosed by the firm that the trades are executed through.
Also, clients will pay the following separately incurred expenses, which we do not receive any part
of: charges imposed directly by a mutual fund, index fund, or exchange traded fund which shall be
disclosed in the fund’s prospectus (i.e., fund management fees and other fund expenses).
Termination & Refunds
We charge our advisory fees quarterly in advance. In the event that you wish to terminate our
services, we will refund the unearned portion of our advisory fee to you. You need to contact us in
writing and state that you wish to terminate our services. Upon receipt of your letter of termination,
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