Fees and Compensation — Form ADV Part 2A (3/3/2026)
[Brochure]
Item 5 – Fees and Compensation
Compensation for advisory services is by way of fixed fees. Fees are negotiable. No fee schedule
applies.
Clients are billed for fees incurred. Fees are not deducted from client assets. Clients are billed in
accordance with the negotiable terms of payment, often on a quarterly basis.
Custodian fees, mutual fund expenses, brokerage and other transaction costs are not applicable.
If a client pays fees in advance, and an advisory contract is terminated before the end of a billing
period for which such prepayment has been made, refunds will be issued in accordance with the terms
of the negotiated advisory contract with each client.
ETB Consulting does not accept compensation for the sale of securities or other investment products,
including asset-based sales charges or services fees from the sale of mutual funds.
Account Minimums and Types of Clients — Form ADV Part 2A (3/3/2026)
[Brochure]
Item 7 – Types of Clients
ETB Consulting provides investment advisory services generally to pension funds.
AUM Breakdown
Accounts
AUM ($)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above