Glasgow Partners LLC

Fees and Compensation
Fee Billing
Investment management fees are generally billed monthly or quarterly, in advance,
meaning that clients are invoiced prior to the monthly or three-month billing period.
Payment in full is expected upon invoice presentation.

Glasgow Partners, llc

Other Fees
Custodians and/or executing brokers may charge transaction fees on purchases or sales
of certain mutual funds and exchange-traded funds. These transaction charges are
usually small and incidental to the purchase or sale of a security. The selection of the
security is more important than the nominal fee that the custodian charges to buy or sell
the security.

Types of Clients
Description
GLASGOW PARTNERS, LLC generally provides investment advice to federally insured
credit unions, but may also provide advice to individual clients and families. Current client
relationships are only credit unions and 401k plans. Client relationships vary in scope
and length of service.

Account Minimums
No minimum account size is identified for clients who are Investment Management clients.
Instead, a minimum charge of $1,250 per quarter applies, which equates to an annual fee
of $5,000. GLASGOW PARTNERS, LLC has the discretion to waive the account
minimum.

Glasgow Partners, llc

Methods of Analysis, Investment Strategies and Risk of Loss