Fees and Compensation — Form ADV Part 2A (5/8/2023)
[Brochure]
Item 5.
Full Brochure Available
Whenever you would like to receive a complete copy of our Firm Brochure,
please contact Jeff Schulte by telephone at: 267-329-7620, or by e-mail at:
jschulte@firstcapadv.com.
First Capital Advisors Group, LLC
Item 1: Table of Contents
Item 2: Material Changes ................................................................................................... 2
Annual Update .......................................................................................................................... 2
Material Changes since the Last Update ................................................................................... 2
Full Brochure Available ............................................................................................................. 2
Item 3: Advisory Business ................................................................................................ 5
Firm Description ........................................................................................................................ 5
Financial Planning..................................................................................................................... 5
Investment Management ............................................................................................................ 6
Investment Consulting............................................................................................................... 6
Other Advisory Services: ........................................................................................................... 7
Information Received by First Capital from Clients of First Capital ............................................ 7
Assets Under Management ....................................................................................................... 7
Item 4: Fees and Compensation ....................................................................................... 8
Financial Planning Fees ............................................................................................................ 8
Investment Management Fees .................................................................................................. 8
Negotiated Investment Management Fees ................................................................................ 9
Billing of Investment Management Fees .................................................................................... 9
Custodial and Other Fees........................................................................................................ 10
Investment Consulting Fees .................................................................................................... 10
Commission Transactions ....................................................................................................... 10
Item 5: Performance-Based Fees and Side-by-Side Management ............................... 11
Performance-Based Fees ....................................................................................................... 11
Item 6: Types of Clients ................................................................................................... 11
Description .............................................................................................................................. 11
Account Minimums.................................................................................................................. 11
Item 7: Methods of Analysis, Investment Strategies and Risk of Loss ....................... 12
Methods of Analysis and Investment Strategies ...................................................................... 12
Risks of Loss .......................................................................................................................... 13
Item 8: Disciplinary Information ...................................................................................... 14
Legal and Disciplinary ............................................................................................................. 14
Item 9: Other Financial Industry Activities and Affiliations ........................................... 14
Other Financial Industry Activities ........................................................................................... 14
Affiliations ............................................................................................................................... 14
Item 10: Code of Ethics, Participation or Interest in Client Transactions and Personal
Trading ............................................................................................................................. 15
Code of Ethics ........................................................................................................................ 15
Participation or Interest in Client Transactions ......................................................................... 16
Personal Trading..................................................................................................................... 16
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First Capital Advisors Group, LLC
Item 11: Brokerage Practices .......................................................................................... 16
Broker-Dealer Selection .......................................................................................................... 16
Research and Other Soft Dollar Benefits ................................................................................. 17
Order Aggregation, Allocation and Rotation Practices ............................................................. 17
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