Item 5: Fees & Compensation
Integrated’s advisory clients agree to pay an asset-based advisory fee calculated according to the indicated fee schedules.
Under the Advisers Act Rule 204‑3 (the “Brochure Rule”), investment advisers must provide clients with a written
disclosure statement. A copy of the Form ADV Part 2A Brochure and the applicable Advisor Representative’s Part 2B
Brochure Supplement before or at the time the client enters into an Investment Management Agreement. Advisers
providing impersonal investment advice for which the client pays less than $500 per year are not subject to the Brochure
Rule.
If these disclosure documents are provided at or after the time of Agreement execution, clients have the right
to terminate the Agreement without penalty within five (5) business days after execution.
Advisory Services Fees
This section explains how Integrated is compensated for advisory services. Specific fee schedules and billing
arrangements for each service are detailed in subsequent sections, in each client’s written Agreement, and in the
applicable practice group’s disclosure brochure.
Investment Management Fees - Depending on the practice group, fees may be billed monthly or quarterly, in
advance or arrears, and calculated using quarter-end, month-end, or average daily balance, as specified in the
client Agreement.
Financial Planning & Consulting Fees - These may be charged as hourly, fixed, or subscription fees and billed
in advance, arrears, or a combination (e.g., 50% upfront, remainder at completion). Some practice groups include
financial planning at no additional cost for investment management clients, while others charge a separate fee.
Bundled Fee Arrangements - Certain practice groups offer bundled fee structures that combine advisory services
with other costs. Details on included services, excluded costs, and applicable schedules are provided in the
relevant Form ADV Part 2A Brochure.
Variability by Practice Group - Fee schedules, minimums, and billing practices differ by practice group and are
fully disclosed in each client’s Agreement and the applicable brochure.
This summary provides a general framework for understanding Integrated’s compensation practices. Please refer to the
detailed descriptions that follow, and to each practice group’s disclosure brochure, for specific information regarding
each advisory service.
Fee Negotiation Availability
Under certain circumstances, advisory service fees are negotiable up to the maximum annual rates listed herein, subject
to limitations and approval by Integrated. Practice groups may, at their discretion, offer negotiable minimums or waive
fees. This means a DBA Advisor Representative may reduce or waive minimum fees based on specific factors such as
an existing financial planning relationship, anticipated future earning capacity, expected additional assets, total assets
under management, related accounts, account composition, client negotiations, or pro bono considerations.
At Integrated’s discretion, certain family or related accounts may be assessed fees based on the combined balance of all
accounts. Integrated will only accept clients below the stated minimum portfolio size if, in the Adviser’s judgment, the
smaller portfolio will not result in a substantial increase in investment risk beyond the client’s identified risk tolerance.
Final fee structures for selected advisory services will be reflected in each client’s written Agreement.
Integrated believes its fees are competitive with similar programs offered by other firms; however, lower fees for
comparable services may be available elsewhere. While Integrated seeks to provide advantageous arrangements,
negotiable fees mean some clients may pay higher or lower fees than others for similar services, depending on factors
such as total assets, number of related accounts, inception date, or other considerations. Clients are responsible for any
tax liabilities arising from transactions.
Integrated and its practice groups do not require or solicit prepayment of more than $1,200 in fees per client, six months
or more in advance.
Investment Management & Supervisory Services
Integrated provides investment management and supervisory services on a fee-only basis based on the value of the assets
to be managed, the work to be provided, and the complexity of their situation. Investment management and supervisory
services typically require a minimum portfolio value of $50,000. However, the Adviser reserves the right to accept
accounts below this minimum based on the client’s individual circumstances If engaged, Integrated will charge an annual
fee of up to 2.95%, based upon a percentage of the market value of the client’s assets under management, calculated and
billed consistent with the Adviser’s disclosure documents and each client’s contracts’ compensation arrangements.
Individual client account fees will vary depending on the selected Program’s investment options and the fee schedule of
each Integrated advisory group’s practices. However, in all cases, the Advisor Representative's advisory practices must
ensure that the advisory fees they assess clients are accurate, up-to-date, and aligned with Integrated’s disclosures, up to
the maximum annual rates listed herein. Clients should refer to the individual brochure of each advisory group for specific
details. (Note: Lower fees for comparable services can sometimes be available from other sources.)
Each client's executed Agreement will indicate the final advisory fees and fee-payment arrangements before the delivery
of any advisory services.
Fee Billing & Payment
Integrated’s annual investment management and supervisory services fees are prorated, billed monthly or quarterly, and
payable in advance or arrears according to the client’s Agreement, based on a percentage of assets under management as
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