Item 5 Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided
by the Adviser. Each Client shall sign one or more agreements with the Adviser that detail the
responsibilities of OneSeven and the Client.
A. Fees for Advisory Services
Investment Management Services
Investment advisory fees for services provided by OneSeven are paid quarterly or monthly (each a
"billing period"), pursuant to the terms of the investment advisory agreement. Investment advisory fees
are paid in advance, with the exception of former-MGOIA clients who pay fees in arrears, and are
based on the market value of assets under management at the end of the prior quarter or month.
Investment advisory fees range from 0.05% to 2.00% annually, depending on the size and complexity
of the Client relationship and the services to be provided. Relationships with multiple objectives,
specific reporting requirements, portfolio restrictions, inclusion of securities transaction fees and other
complexities may be charged a higher fee. Certain accounts may be charged additional fees for
services that are not covered under the typical portfolio management arrangement of up to 50 basis
points (0.5%). These services may include financial planning, or working with the client's other
professionals such as attorneys and accountants. Fees are negotiable.
The investment advisory fee in the first billing period is prorated from the inception date of the
account(s) to the end of the first billing period. All assets held in client accounts are generally eligible
for billing, including equities, fixed income, ETFs, mutual funds, and options. Cash and cash
equivalents (e.g., money market funds) are included unless otherwise specified in the client
agreement. Assets purchased on margin are included in the asset base for billing purposes. Advisory
fees and any deviations from standard billing practices may be negotiated and will be outlined in the
client’s investment advisory agreement. All securities held in accounts managed by
OneSeven are independently valued by the Custodian.
You may terminate the investment management agreement upon written notice to our Firm. You will
incur a pro rata charge for services rendered prior to the termination of the portfolio management
agreement, which means you will incur advisory fees only in proportion to the number of days in the
billing period for which you are a client. If you have prepaid advisory fees that we have not yet earned,
you will receive a refund of those fees for the unearned period.
Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Client's total fees will include
OneSeven's investment advisory fee (as noted above) plus advisory fees and/or platform fees charged
by the Independent Manager, as applicable. The Independent Manager will calculate and deduct their
fee directly from the Client's account and OneSeven will calculate and deduct our fee directly from the
Client's account..
When you contract separately with independent managers, you may terminate your advisory
relationship with the Independent Manager according to the terms of your agreement with the
Independent Manager. You should review each Independent Manager's brochure for specific
information on how you may terminate your advisory relationship with the Independent Manager and
how you may receive a refund, if applicable. You should contact OneSeven for questions regarding
your advisory agreement with the Independent Manager.
Retirement Plan Advisory Services
Retirement plan advisory fees are paid either quarterly or monthly, in advance of each period, pursuant
to the terms of the retirement plan advisory agreement. Fees are charged at an annual rate of up to
1.00%, based on the market value of assets in the Plan at the end of the prior quarterly or monthly
period.
You may terminate the retirement plan advisory agreement upon written notice to our firm. You will
incur a pro rata charge for services rendered prior to the termination of the agreement, which means
you will incur advisory fees only in proportion to the number of days in the billing period for which you
are a client. If you have prepaid advisory fees that we have not yet earned, you will receive a prorated
refund of those fees.
Financial Planning and Financial Consulting Services
OneSeven offers financial planning services on either an hourly or fixed fee basis, depending on the
scope of the engagement and the complexity of the prospect's or client's financial circumstances.
Hourly fees are charged a range from $100-500 per hour. Fee engagements are generally based on
the expected effort and duration of the engagement. In certain cases, OneSeven may offer financial
planning services under an annual retainer arrangement. Retainer fees typically range from $100 to
$25,000 per billing period and are generally billed quarterly or monthly, in advance of each billing
period. The specific fee, billing frequency, and payment terms will be outlined in the client agreement.
An estimate for total hours or costs will be provided to the Client prior to engaging for
services. Services may include external professionals at an additional fee which is not shared with your
investment adviser representative or OneSeven such as the recommendation of trust attorneys,
accountants or other professionals. You will be notified in advance before your information is shared
with another professional and their fees will be disclosed to you in advance.
For 1031 Exchange Consulting, related fees are assessed in two phases. In Phase One, clients will be
charged a flat fee not to exceed $5,000 for the initial interview with the client as well as the research
conducted and 1031 Exchange Plan proposed. Clients who engage OneSeven for ongoing investment
advisory services under a separate advisory agreement may have certain investments, including those
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