Item 5: Fees and Compensation
A. We charge an asset-based fee for our wealth management services. Our fees reflect the
comprehensive and ongoing nature of our wealth management services, which integrate
investment management with proactive financial and tax planning.
Our fee schedule as set forth herein reflects the typical fee schedule that we charge to clients;
however, the specific fees charged to a particular client will vary from client to client. Each client
should review the services agreement signed with us for the fees that will be charged and how
fees will be payable. Our fees may vary from client to client due to historical or ‘grandfathered’ fee
schedules that are no longer offered, the nature and scope of the services to be provided to the
client, personal or familial relationships with the client, and other factors that we deem relevant.
Our employees receive our wealth management services on a discounted basis.
Fees are negotiable, but we reserve the right to accept or reject different fees proposed by the
client.
Client Assets Under Management, Annual Fee Percentage
Advisement, and/or Supervision
$0 - $500,000 1.50%
$500,001 - $1,000,000 1.25%
$1,000,001 - $2,000,000 1.00%
$2,000,001 - $3,000,000 0.95%
$3,000,001 - $4,000,000 0.85%
$4,000,001 - $6,000,000 0.75%
$6,000,001 - $8,000,000 0.65%
$8,000,001 - $10,000,000 0.55%
$10,000,001 and above 0.50%
The asset-based fee schedule set forth above reflect a “cliff” or “breakpoint” fee schedule, which
means that the total market value of client assets under our management, advisement, and/or
supervision are charged the same corresponding annual fee percentage. Fees are deducted in
arrears on a monthly basis from clients’ assets and based on the average daily balance of such
assets managed, advised, and/or supervised by us during the prior calendar month.
If a client services agreement is terminated before the end of a monthly billing period, the pro rata
fees earned through the effective date of the termination will be billed to the client.
To the extent a client’s account is managed by a third-party adviser, the third-party adviser will
generally charge an additional asset-based fee directly to the client. Altruist LLC’s Model
Marketplace fees - which range between 0.00% and 1.00% per year and are listed in the Altruist
LLC Fee Schedule available at altruist.com/legal - are charged to and debited from the accounts
of clients participating in the Altruist LLC Model Marketplace.
B. Neither we nor any of our supervised persons accept compensation for the sale of securities or
other investment products.
C. In addition to the fees we charge, from time to time clients will incur brokerage and other
transaction costs. Please refer to Item 12: Brokerage Practices, for further information on such
brokerage and other transaction-related practices. Depending on the specific investment products
held in a client’s account and the services provided, a client may also incur additional fees and
costs charged by other independent and unaffiliated third-parties. Such additional fees and costs
may include, but are not necessarily limited to, the internal fees and costs of an investment
product (like a mutual fund or exchange traded fund), margin interest, account or asset transfer
Date of Brochure: May 28, 2026
fees, subadvisory or third-party investment manager fees, account type fees, early redemption
charges, market-maker or bid-ask spreads, retirement plan fees, trade-away or prime brokerage
fees, fees for receiving paper copies of documents in lieu of electronically-delivered documents,
and other fees and taxes on brokerage accounts and securities transactions. These additional
charges are separate and apart from the fees charged by Adviser. Lower fees for comparable
services may be available from other sources.
Date of Brochure: May 28, 2026