Item 5 - Fees and Compensation
Advisory Services Fee
The firm’s annual investment management fee, which is based on a percentage of the
aggregate value of assets under management in separate account portfolios, is billed
quarterly in advance. Cash positions (i.e., sweep vehicles, money markets and US
governmental securities) are treated as managed assets for the purposes of calculating the
advisory fee. All securities held in separate accounts managed by O’Brien Greene will be
independently valued by the account’s custodian. Clients may elect to have fees deducted
directly from their assets held at the custodian or to be billed separately.
Subject to an annual minimum annual fee of $4,250, the basic fee schedule is as follows:
0.85% for the first $2,000,000
0.75% for the next $2,000,000
0.65% for the next $1,000,000
0.50% thereafter
Fee structures may be adjusted at the discretion of the firm, based upon such factors as the
nature of assets, the amount of time required servicing the account, investment
restrictions, required meeting schedules, and so on. As a result of these factors, clients
with portfolios of similar size may be charged different fees due to the details of their
circumstances and needs. The services to be provided by O’Brien Greene to any client
could be available from other advisers at lower fees, and certain clients may have fees
different than those specifically set forth above.
The firm has a program for the young adult children of clients. For this program there is
no minimum account balance. The fee for the first year is $250. Thereafter: 0.95% of
assets. There is also a program for young professionals. The fee is 0.85% on assets. Often
for smaller accounts and accounts of younger investors, there may be little-to-no trading
activity for extended periods of time.
Clients are free to terminate their relationship with O’Brien Greene at any time. The
quarterly fees will be refunded on a prorated basis.
Consulting and Financial Planning Fees
The firm provides 401K consulting services for a fixed or hourly fee, depending on the
scope of the project. Any basic financial planning services requested by a client are
inclusive of the advisory fee. Any consulting or financial planning fee estimates for non-
basic plans will be provided to the client prior to engaging for these services.
Form ADV Part II A O’Brien Greene & Co., Inc.
Custodial, Brokerage and Other Fees and Expenses
Client assets managed by the firm are custodied by the qualified custodian selected by the
client (e.g., Charles Schwab or Fidelity). Brokerage and trading for the purchase and sale
of securities for your account are completed through the selected qualified custodian
institution and you may incur transaction charges and fees imposed by the broker/dealer or
dealer through whom your account transactions are executed . We do not share in any
portion of the brokerage fees/transaction charges imposed by the broker/dealer or
custodian. A client’s custodian may assess against a client’s assets other costs and fees
associated with certain trading types (e.g., options), corporate actions and asset custody
services separate from the firm’s advisory fee (e.g., foreign taxes, reorganization fees,
reporting fees, processing fees, ADR fees, wire and electronic fund transfer fees,
documentation fees). See “Advisory Business: Use of Mutual Funds and Exchange
Traded Funds” and “Brokerage Practices”
Clients may also be subject to administration fees arising from claims administration for
recoveries in conjunction with securities and antitrust litigation. For example, because of
owning a certain stock a client may be entitled to a monetary award arising from class-
action litigation involving shareholders in that stock. To receive his settlement in a timely
and efficient manner, the client may be subject to a claim administration fee charged by a
third-party service provider. O’Brien Greene does not receive any such administrative
fees.
The firm does not accept compensation for the sale of securities or other investment
products.