Fees and Compensation — Form ADV Part 2A (3/31/2020)
[Brochure]
Item 5 – Fees and Compensation
All fees are subject to negotiation. The factors considered are the size of the account, the type of
assets, and the manner in which assets are managed. The specific terms in which fees are charged is
established in each client’s written agreement with Fan Asset Management.
Unless otherwise stated in a client’s written agreement, Fan Asset Management usually bills its fees
quarterly in arrears of each calendar quarter of service. Accounts initiated or terminated during a
calendar quarter will be charged a prorated fee. Upon termination of any account, any earned, unpaid
fees will be due and payable.
Fan Asset Management may elect to deduct fees from clients’ assets or bill clients for fees. Depending on
investment products, clients may have options to select either method.
Fan Asset Management’s fees are exclusive of brokerage commissions, transaction fees, and any other
related costs and expenses which shall be incurred by the client such as charges imposed by
custodians, brokers, or third party investment products (e.g. mutual funds and exchange traded funds
charge internal management fees as disclosed in their prospectus.)
Fan Asset Management is a fee-based investment advisor and will not receive any portion of third party
commissions, fees, and costs.
Note that clients have options to purchase investment products that Fan Asset Management offers from
other investment advisors or brokers that are not affiliated with Fan Asset Management.
[1]
Fan Asset Management LLC, 712 Los Ninos Way, CA 94022
Part 2A & 2B of Form ADV: Fan Asset Management Brochure
Account Minimums and Types of Clients — Form ADV Part 2A (3/31/2020)
[Brochure]
Item 7 – Types of Clients
Fan Asset Management offers its investment advisory services to individuals and institutions such as trusts,
estates, charitable organizations, banks or thrift institutions, corporations or other business entities, and
pension and profit sharing plans. Fan Asset Management reserves the right to impose a minimum account
size in its investment products.
AUM Breakdown
Accounts
AUM ($M)
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