ITEM 5 – FEES AND COMPENSATION
RETAIL INVESTMENT ADVISORY ACCOUNTS
We receive an asset management fee based on the value of the assets of each account for which we provide
investment advisory services. The asset management fee may vary based on the nature, size and complexity of
each client’s account and is negotiable.
The asset management fee does not include brokerage commissions, ticket charges, interest charges, exchange
fees, wire transfer fees, or other costs or fees associated with securities transactions or those required by law. As
the client, you may incur charges imposed by other investment managers or sub-advisors, custodial fees, deferred
sales charges, and other transactional fees. Mutual funds and exchange traded funds also charge internal
management fees, which are disclosed in the fund’s prospectus. Such charges, fees and commissions are exclusive
of and in addition to our asset management fee, and we do not receive any portion of these commissions, fees, and
costs.
Item 12 below further describes the factors that we consider in selecting or recommending broker/dealers for client
transactions and determining the reasonableness of their compensation (e.g., commissions).
ASSET MANAGEMENT FEES
Our standard annual asset management fee schedule for individuals is as follows:
Net Assets Annual Management Fee
$0.00 - $99,999.99 1.50%
$100,000 - $999,999.99 1.25%
$1,000,000 - $2,999,999.99 1.00%
$3,000,000 - $6,999,999.99 0.75%
$7,000,000 - $9,999,999.99 0.50%
HUB Investment Partners IARD/CRD No: 307956
Form ADV Part 2A Brochure March 2026
$10,000,000 and over Negotiated
Asset management fees are typically payable in advance for the following calendar quarter,
unless another period is agreed to. The fees are based on the net asset value of the account on the last day of the
prior period and are a proportionate share of the annual management fee. Typically, asset management fees are
deducted by the custodian of your account(s). Alternative fee‐payment arrangements (i.e., payment by check) may
be made. Asset management fees are prorated for each capital contribution and withdrawal.
If you open or terminate an account during a calendar quarter, you will be charged a prorated asset management
fee. This is based on the number of days in the period. It is calculated on the first day the account is funded based
on the number of days left in the period. Upon prior thirty (30) day notification of termination of any account, any
prepaid, unearned asset management fees, calculated in the same manner, will be promptly refunded, and any
earned, unpaid fees will be due and payable. The procedure set forth in this paragraph also applies if the specified
period is something other than quarterly (i.e., monthly or semiannually).
MAPP FEES
HUB Investment Partners receives a management fee for services provided under the Managed Asset Portfolio
Program. The management fee may be a flat fee or AUM based fee billed in monthly, quarterly, or annual
installments and prorated accordingly. If the fee is AUM based, it is typically 0.1% (10 basis points) for advisory
relationships <$50.0 million. Accounts over $50.0 million and on an AUM based fee agreement are charged under
the following schedule:
Net Assets Annual Management Fee
$0.00 - $50,000,000 0.10%
$50,000,000.01 - $100,000,000 0.08%
$100,000,000.01 - $150,000,000 0.06%
$150,000,000.01 and over 0.05%
We may negotiate the Management Fees based on the size, duration and number of the municipality’s account(s).
MAPP also has a reporting only component that may charge a $1,000-$1,500 flat fee per quarter, depending on the
complexity of reporting requirements. For more information on Performance Fees, see Item 6 of this Brochure.
RETIREMENT AND FINANCIAL PLANNING FEES
Retirement/financial planning services fees may be an hourly rate, a flat fee and/or a percentage of the assets under
management. Retirement/financial planning service fees vary based on the nature, size and complexity of each
client’s account and are negotiable. All fees are agreed to in advance of us entering into an agreement with any
client. Such fees are payable only after the plan has been delivered to the client; however, alternative fee‐payment
arrangements may be made.
An agreement for retirement/financial planning services may usually be terminated, for any reason, upon written
notice by either party. Since, however, these are often longer‐term contracts negotiated with employers and other
institutions, these contracts may have more restrictive termination provisions. If cancellation occurs, any unearned
fees will be refunded promptly to the client, and any unpaid fees become due and payable as of the date of the
termination.
THIRD PARTY ASSET MANAGER FEES
If the investment adviser representative utilizes a TAMP to manage all or any part of the client’s account, the client
will likely be required to enter into a separate agreement with the TAMP. If the TAMP agreement governs the terms
under which the advisory fee will be collected, the TAMPs’ investment management agreement will only specify the
fee that will be deducted by the TAMP. Specifically, if the TAMP collects a unified fee, it will forward HUB Investment
Partners’ portion of the fee as specified on TAMPs’ investment management agreement with the client to HUB
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