Fees and Compensation — Form ADV Part 2A (4/1/2025)
[Brochure]
Item 5 Fees and Compensation
At this time, participants may pay advisory fees to ICRIA, and may also incur direct or indirect fees and
expenses charged by others, such as a broker-dealer. The various fees and expenses related to the
CMA are outlined in the agreements provided to the participants through the Internet Interface and
should be reviewed by participants to ensure they understand all of the fees and expenses of
participating in the Program.
Program investments are typically limited to mutual funds or exchange-traded funds that are available
through the broker-dealer. Currently, the broker-dealer does not charge any transaction fees to buy or
sell.
AUM Breakdown
Accounts
AUM ($k)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above