Duet Advisory Services LLC

Item 5 Fees and Compensation
Investment Advisory Fees
Fees for Discretionary and Non-Discretionary Investment Advisory Services (Excluding Independent Managers)
Duet’s standard fee for discretionary or non-discretionary investment advisory services (excluding engagements with an
allocation to Independent Managers) will be prorated and charged based on a percentage of the combined market value
of the assets placed under Duet’s management as follows:
        Combined Client Portfolio Value                           Annual Advisory Fee
        $0 – $249,999                                             1.50%
        $250,000-$499,999                                         1.45%
        $500,000-$749,999                                         1.35%
        $750,000-$1,249,999                                       1.25%
        $1,250,000-$1,999,999                                     1.00%
        $2,000,000                                                0.90%
Clients will not incur a proportionate fee at each tier. Rather, the client’s fee will be calculated based on the percentage
of the tier that corresponds to the total value of that client’s portfolio, which will be aggregated for the benefit of that
entire client’ household. For example, if a client and members of that client’s household maintain $400,000 in total assets
under Duet’s management, they would pay an annual fee of 1.45%, and not 1.50% on the amount up to $249,999 and
1.45% on the remaining $151,0000.

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Fee for Variable Annuity Management
Without limiting and in addition to the above, Duet charges a flat fee of 1% of assets under Duet’s management contained
in a variable annuity product and would exclude the value of those assets from the investment advisory fee calculation
under the above fee schedule.
Fees for Discretionary Investment Advisory Services Using Independent Managers
For clients who engage Duet to provide discretionary investment advisory services using Independent Managers, Duet’s
investment advisory fee generally ranges between 0.90% and 1.25% of the value of assets under management through
the applicable Independent Managers. This investment advisory fee is separate from, and in addition to, the fees that the
respective Platform Sponsor and/or the Independent Managers charge, which are subject to the terms and conditions of
the agreement signed with the Platform Sponsor. Those fees typically include a platform fee to compensate the Platform
Sponsor for maintaining the platform and providing administrative services to the client’s account, and a strategy fee to
compensate the Independent Manager(s) for investment management services.
Additional Information About Duet’s Investment Advisory Fees
In limited circumstances, Duet’s investment advisory fee is negotiable at Duet’s discretion. Therefore, Duet may agree to
charge a lesser investment advisory fee, charge a flat fee, waive its fee entirely, or charge a fee on a different interval, on
certain assets placed under its supervision, including but not limited to, cash positions, concentrated positions or holdings,
or the holding of employer stock. Whether Duet will negotiate its fee and the amount that Duet is willing to negotiate is
based upon certain criteria that include but are not necessarily limited to the amount of assets to be managed, portfolio
composition, the scope and complexity of the engagement, the anticipated number of meetings and servicing needs,
related accounts, grandfathered fee schedules, future earning capacity, anticipated future additional assets, the
investment adviser representative providing the services, prior relationships with Duet and its representatives (including
employees and family members), and negotiations with the client. Certain legacy clients may have accepted different pre-
existing service offerings from Duet and may therefore receive services under different fee schedules than as set forth
above. As a result, similarly situated clients could pay different fees, the services to be provided by Duet to any particular
client could be available from other advisers at lower fees, and certain clients may have fees different than those
specifically set forth above.
Financial Planning and Consulting Fees
Duet’s financial planning and consulting fees are negotiable depending upon the level and scope of the services required
and the professionals providing the services. Duet either charges $500 per hour, or generally between $2,500.00 and
$10,000.00 on a fixed fee basis, according to the terms and conditions of a stand-alone financial planning and consulting
agreement. Duet typically charges 50% of the fixed fee or the anticipated hourly fee in advance, but never more than six
months in advance of Duet earning the applicable portion of that fee. Financial planning and consulting fees are generally
payable by check, which are due upon receipt of an invoice from Duet.
Methods and Frequency of Payment
Clients may choose to have Duet’s investment advisory fees deducted from their custodial account. Duet’s investment
advisory agreement, the custodial / clearing agreement, and the agreement with the Platform Sponsor may authorize the
custodian or Platform Sponsor to debit the account for the amount of Duet’s investment advisory fee and to directly remit
that investment advisory fee to Duet in compliance with regulatory procedures. In the limited event that Duet bills the
client directly, payment is due upon receipt of Duet’s invoice.
For discretionary or non-discretionary investment advisory services that do not use Independent Managers, Duet deducts
fees or bills clients quarterly in advance, based upon the market value of the assets on the last business day of the previous
quarter, which may be prorated and adjusted in the following billing quarter to assess additional fees or to refund prepaid
fees related to individual deposits into the client’s account or individual withdrawals from the client’s account that exceed
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Item 7 Types of Clients
Duet’s clients currently generally include generally include individuals, high net worth individuals, their affiliated trusts
and estates, and business entities. While Duet does not impose mandatory requirements for opening or maintaining
investment advisory accounts, Duet generally seeks to provide those services to clients having at least $250,000 in assets
designated for management.