Item 5: Fees & Compensation
How We Are Compensated for Our Advisory Services
Asset Management:
The maximum annual fee to be charged for this service will not exceed 3.00%. The fee assessed
each account will be outlined in a separate advisory agreement for the client to sign. Our firm’s fees
are billed on a pro-rata annualized basis quarterly in advance based on the value of your account on
the last day of the previous quarter. Our fees are negotiable. Fees will be deducted from your
managed account. Please note that fees will be adjusted for deposits and withdrawals made during
the quarter. As part of this process, you understand and acknowledge the following:
a) LPL as your custodian sends statements at least quarterly to you showing all disbursements
for your account, including the amount of the advisory fees paid to us;
b) You provide authorization permitting LPL to deduct these fees; and
c) LPL calculates the advisory fees for all flat fee schedules and deducts them from your
account.
Financial Planning & Consulting:
We charge on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity
of our engagement with you. Our hourly fee may be up to $350. Flat fees generally range from
$1,500 to $10,000. We require a retainer of fifty-percent (50%) of the ultimate financial planning or
consulting fee with the remainder of the fee directly billed to you and due to us within thirty (30)
days of your financial plan being delivered or consultation rendered to you. In all cases, we will not
require a retainer exceeding $1,200 when services cannot be rendered within 6 (six) months.
Retirement Plan Consulting:
Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or a fee based on
the percentage of Plan assets under management. 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 maximum
hourly fee to be charged will not exceed $350. Our flat fees range from $1,500 to $10,000. Fees
based on a percentage of managed Plan assets will not exceed 1.00%. The fee-paying arrangements
for Retirement Plan Consulting service will be determined on a case-by-case basis and will be
detailed in the signed consulting agreement. Clients will be invoiced directly for the fees.
Please note that our method for computing the amount of “client assets we manage” can be different from the method for computing
“assets under management” required for Item 5.F in Part 1A of Form ADV. However, we have chosen to follow the method outlined for
Item 5.F in Part 1A of Form ADV. If we decide to use a different method at a later date to compute “client assets we manage,” we must
keep documentation describing the method we use and inform you of the change. The amount of assets we manage may be disclosed by
rounding to the nearest $100,000. Our “as of” date must not be more than three months before the date we last updated our Brochure in
response to Item 4.E of Form ADV Part 2A.
ADV Part 2A – Firm Brochure Page 8 Intrua Advisory Group LLC
LPL Sponsored Advisory Programs
The account fee charged to the client for each LPL advisory program is negotiable, subject to the
following maximum account fees:
Advisory Program Annual Percentage of Assets Charge
Manager Access Select Up to 3.00%
Model Wealth Portfolio Up to 2.50%
Optimum Market Portfolio Up to 2.50%
Personal Wealth Portfolio Up to 2.50%
SWM & SWM II Up to 3.00%
LPL has a separate billing process which we have no control over. In general, they will directly bill
you and describe how this works in their separate written disclosure documents.
Other Fees
Non-Wrap fee Clients will incur transaction charges for trades executed in their accounts. These
transaction fees are separate from our fees and will be disclosed by the firm that the trades are
executed through. Also, clients will pay the following separately incurred expenses, which we do
not receive any part of: charges imposed directly by a mutual fund, index fund, or exchange traded
fund which shall be disclosed in the fund’s prospectus (i.e., fund management fees and other fund
expenses).
Wrap fee clients will receive our Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program
Brochure”). Wrap fee clients will not incur transaction costs for trades. More information about this
is disclosed in our separate Wrap Fee Program Brochure.
Refunds Following Termination
We charge our advisory fees quarterly in advance. In the event that you wish to terminate our
services, we will refund the unearned portion of our advisory fee to you. You need to contact us in
writing and state that you wish to terminate our services. Upon receipt of your letter of termination,
we will proceed to close out your account and process a pro-rata refund of unearned advisory fees.
Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing 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
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 five (5) business days of signing an agreement. After five (5) business days from initial
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