CRUX Wealth Advisors

Item 5 – Fees and Compensation
How You’re Charged and How We’re Compensated

Wealth Management Consulting
Wealth management consulting may be included as a component of an asset management services
relationship. Wealth management consulting may also be provided for a pre-negotiated fee. The fees
described for financial planning services are separate from and in addition to fees charged for ongoing
asset management. The fee for a comprehensive financial plan will range from $1,000 to $250,000
depending on the scope of the work. Fees can be paid in advance and/or in arrears as a flat fee. We also
offer an hourly billing option at a rate of $500 per hour (fees are paid as services are rendered). Fees are
negotiable and are payable to Crux Wealth Advisors. Fees for financial planning services may be
discounted or waived at our sole discretion.

Asset Management Programs
Crux Wealth Advisors’ asset management fees range from 0.0% to 2.25%. The annual asset management
fee is based on a percentage of assets under management, including cash and money market positions.
Our fee billing is monthly, in advance, based on the average daily balance of the account during the billing
period. When an account engages during a month, it is prorated using the initial deposit.

Asset management fees are negotiable, at the sole discretion of Crux Wealth Advisors, taking into account
the specific needs of each client.

Clients who elect to open a margin account acknowledge and agree that margin may be exercised against
their account for purposes including, but not limited to, covering debits, management fees, and/or other
billing and administrative costs. Management fees on margin accounts will be assessed on the equity (e.g.,
ownership) portion of the account and not on the account’s total market value.

Transaction charges and other account-related fees assessed by the account custodian are not
negotiable. In the event a client terminates an advisory agreement with Crux Wealth Advisors, any
unearned fees resulting from payments made by clients in advance will be refunded to the client.

Managed Account Fee Collection Process
Managed account fees are typically automatically charged to the client’s account pursuant to instructions
provided to the account custodian by Crux Wealth Advisors. Rather than automatic fee debiting from the
account, clients can instruct Crux Wealth Advisors to charge the fee to one of the client’s other non-
qualified Crux Wealth Advisors accounts.

Managed account clients will generally pay fees monthly, in advance. Consulting clients will have the
option to pay fees at time of service, in advance of service, or in arrears, as well as in monthly, quarterly,
semiannual, or annual installments, as agreed to between the client and the advisor.

Form ADV Part 2A                                                                                  Page 6 of 22

The initial monthly fee will be prorated based on the number of billing days in the initial month. Fees are
based on account value and account type and are negotiable. Other methods of fee calculation exist or
are possible, depending on the specific program, the services provided, client circumstances, and the
account size. These methods include, but are not limited to, hourly or flat fee billing. Additional
deposits/withdrawals of funds and/or securities during a particular calendar month are subject to billing
on a pro rata basis.

Other Fees and Expenses
Broker- dealers charge brokerage commissions and/or transaction fees for effecting certain securities
transactions (i.e., transaction fees are charged for certain no-load mutual funds, commissions are charged
for individual equity transactions, and mark-ups and mark-downs are charged for fixed income
transactions). The amount of these commissions and/or transaction fees may vary depending upon a
range of factors, which typically include the following: the broker-dealer/custodian utilized; the total value
of regulatory assets under management held at the applicable custodian; the type of asset (e.g., equity,
ETF, mutual fund, fixed income product). In addition, client accounts may invest in open-end mutual funds
(including money market funds) and ETFs that have various internal fees and expenses (i.e., management
fees), which are paid by these funds but ultimately borne by clients as a fund shareholder. These internal
fees and expenses are in addition to the fees charged by the Firm. See Item 12- Brokerage Practices for
more information.

In most cases, mutual fund companies offer multiple share classes of the same mutual fund. Some share
classes of a fund charge higher internal expenses, whereas other share classes of a fund charge lower
internal expenses. Institutional and advisory share classes typically have lower expense ratios and are less
costly for a client to hold than Class A shares or other share classes that are eligible for purchase in an
advisory account. Mutual funds that offer institutional share classes, advisory share classes, and other
share classes with lower expense ratios are available to investors who meet specific eligibility
requirements that are described in the mutual fund’s prospectus or its statement of additional
information. These eligibility requirements include, but may not be limited to, investments meeting
certain minimum dollar amounts and accounts that the fund considers qualified fee-based programs. The
lowest-cost mutual fund share class for a fund may not be offered through our clearing firm or made
available by Crux Wealth Advisors for purchase within our managed accounts. Clients should never
assume that they will be invested in the share class with the lowest possible expense ratio or cost.

Crux Wealth Advisors urges clients to discuss with their advisor whether lower-cost share classes are
available in their program account. Clients should also ask their advisor why the funds or other
...

Item 7 – Types of Clients
Crux Wealth Advisors generally provides advisory services to the following types of clients:
    • Individuals (other than high net worth individuals)
    • High net worth individuals
    • Pension and profit-sharing plans
    • Charitable organizations
    • Trusts and estates
    • Corporations or other businesses not listed above

Crux Wealth Advisors managed account programs generally require clients to meet certain account
minimums. In some cases, account balances may be combined at the household level to satisfy the
account minimum.

Crux Wealth Advisors generally requires a $100,000 account minimum which can be waived in our sole
discretion.