Fees and Compensation — Form ADV Part 2A (9/19/2014)
[Brochure]
Item 5: Fees and Compensation
A. Fee Schedule
Investment Supervisory Services Fees
Leaf USA’s fees are calculated based on a percentage mark up on the costs of the asset
advisory and portfolio management services it provides to the Client/Owner.
Administrative services provided to the Client/Owner are reimbursed at cost.
These fees are non-negotiable, and the final fee schedule is attached as Exhibit II of the
investment advisory contract between Leaf USA and the Client/Owner. Fees are paid
monthly in arrears, and the Client/Owner may terminate its contract with thirty days’
written notice. Because fees are charged in arrears, no refund policy is necessary.
B. Payment of Fees
Payment of Investment Supervisory Fees
Advisory fees are invoiced and billed directly to the Client/Owner monthly in arrears.
C. Client/Owners Are Responsible For Third Party Fees
The Client/Owner is responsible for the payment or reimbursement of all third party
fees (i.e. custodian fees, brokerage fees, transaction fees, etc.). Those fees are separate
and distinct from the fees and expenses charged by Leaf USA. Please see Item 12 of this
brochure regarding broker/custodian.
D. Prepayment of Fees
Leaf USA collects its fees in arrears.
E. Outside Compensation For the Sale of Securities to
Client/Owner
Neither Leaf USA nor its supervised persons accept any compensation for the sale of
securities or other investment products, including asset-based sales charges or services
fees from the sale of mutual funds, to the Client/Owner.
Form ADV 2A Version: 9/19/2014