Fees and Compensation — Form ADV Part 2A (3/24/2016)
[Brochure]
Item 5 – Fees and Compensation
A. Our Compensation
We charge an hourly rate for our services that is agreed to by each client.
B. How we collect fees
Our fees are payable monthly in arrears and are deducted from our client’s accounts.
C. Other fees or expenses
In addition to our advisory fees, our clients may also incur or bear other actual third party charges and
expenses. Such charges may include brokerage commissions or ticket charges, custodial fees, and
accounting, audit and legal expenses.
D. Advance Payment
We do not require advance payment of our fees.
E. Compensation for sales of Securities
Neither we nor any of our supervised persons accepts compensation for the sale of securities or other
investment products.
Account Minimums and Types of Clients — Form ADV Part 2A (3/24/2016)
[Brochure]
Item 7 – Types of Clients
We provide portfolio management services for the Funds and the two Managed Accounts.
Because we are not seeking new investors or clients, we have no minimum investment amount.