Fees and Compensation — Form ADV Part 2A (3/3/2026)
[Brochure]
Item 5: Fees & Compensation
Compensation for Our Advisory Services
Comprehensive Portfolio Management:
The maximum annual fee charged for this service will not exceed 2.00%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the Client. Annualized fees are billed on a pro-
rata basis quarterly in advance based on the value of the account(s) on the last day quarter. Fees are
negotiable and will be deducted from client account(s). In rare cases, our firm will agree to directly
invoice. Unless otherwise noted in writing, our firm bills on cash and cash equivalents. As part of this
process, Clients understand the following:
a) The client’s independent custodian sends statements at least quarterly showing the market
values for each security included in the Assets and all account disbursements, including the
amount of the advisory fees paid to our firm;
b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
firm will send an invoice directly to the custodian; and
c) If our firm sends a copy of our portfolio appraisal to the client, a legend urging the comparison
of information provided in our statement with those from the qualified custodian will be
included.
Financial Planning & Consulting:
Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
engagement with the client. The standard hourly fee to be charged will be $300. The standard fee
range for our flat fees is between $2,000 and $4,000. The fee-paying arrangements will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement. Our firm
will not require a retainer exceeding $1,200 when services cannot be rendered within 6 months.
Retirement Plan Consulting:
Fees based on a percentage of managed Plan assets will not exceed 2.00%. The fee-paying
arrangements will be determined on a case-by-case basis and will be detailed in the signed consulting
agreement.
Termination & Refunds
Either party may terminate the advisory agreement signed with our firm for Comprehensive
Portfolio Management service upon receipt of 30 days written notice of termination. Upon notice of
termination, our firm will process a pro-rata refund of the unearned portion of the advisory fees
charged in advance.
Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing 30 days written notice. For purposes of calculating refunds,
all work performed by us up to the point of termination shall be calculated at the hourly fee currently
ADV Part 2A – Firm Brochure Page 6 Harold Davidson & Associates, Inc.
in effect. Clients will receive a pro-rata refund of unearned fees based on the time and effort expended
by our firm.
Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation occurs
within 5 business days of signing an agreement. After 5 business days from initial signing, either
party must provide the other party 30 days written notice to terminate billing. Billing will terminate
30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
into account work completed by our firm on behalf of the client. Clients will incur charges for advisory
services rendered up to the point of termination (determined as 30 days from receipt of said written
notice) and such fees will be due and payable.
Commissionable Securities Sales
Our firm and representatives do not sell securities for a commission in advisory accounts.
Account Minimums and Types of Clients — Form ADV Part 2A (3/3/2026)
[Brochure]
Item 7: Types of Clients & Account Requirements
Our firm has the following types of clients:
• Individuals and High Net Worth Individuals;
• Trusts, Foundations, or Charitable Organizations;
• Pension and Profit Sharing Plans;
• Corporations, Limited Liability Companies and/or Other Business Types
Pre-existing advisory clients are subject to the Harold Davidson & Associates, Inc. minimum
account requirements and advisory fees in effect at the time the client entered into the advisory
relationship. Therefore, HDA's minimum account requirements will differ among clients.