Fees and Compensation — Form ADV Part 2A (3/9/2026)
[Brochure]
5-Fees and Compensation). We obtain written authorization from client’s that fees are to be deducted. We do not
maintain physical custody of your accounts nor are we authorized to hold or receive any stock, bond or other security
or investment certificate or cash that is part of your account. Your funds and securities will be physically maintained
with a “qualified custodian” as required under Rule 206(4)-2 under the Investment Adviser Act. Your accounts for
both securities and funds will be maintained at a designated custodian and clearing firm.
Furthermore, clients receive statements directly from the qualified custodians on at least a quarterly basis. Clients are
urged to carefully review the custodian statements and compare the information with the fees described in applicable
governing documents.
Account Minimums and Types of Clients — Form ADV Part 2A (3/9/2026)
[Brochure]
Item 7: Types of Clients
Client Base:
Our customer base consists of high net worth individuals,. These are the types of clients that we service, but we may
not have all these types as current clients at any one time.
Conditions for Account Management:
We have imposed a minimum account size of $1,000,000 in assets to be managed by our Firm. At our discretion, we
may aggregate related accounts in the same household to meet account minimums. We may make an exception to
these minimums from time to time based on individual factors such as length of time the account has been known,
overall composition of the account, multiple accounts held with us, etc. This exception is in our sole discretion.
Filed 2014-07-18 (D) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $10,000 · Remaining Indefinite · Duration One year or less · Net Assets Decline to Disclose
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
24
29.6
(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