Item 5: Fees & Compensation
Compensation for Our Advisory Services
Comprehensive Portfolio Management:
The maximum annual fee to be charged to the client’s account(s) will not exceed 2.00%. The fee to be
assessed to each account will be detailed in the client’s signed advisory agreement, LPL Account
Application or LPL Tiered Fee Authorization form.
Accounts Held with LPL Financial, LLC
Fees are billed on a pro-rata basis quarterly in advance based on the value of the account(s) on
the last day of the previous quarter. Fees are negotiable and will be deducted from the account(s).
ADV Part 2A – Firm Brochure Page 7 OM Pacific Capital LLC
Our firm bills on cash unless indicated otherwise in writing. If accounts are opened during the
quarter, the pro-rata advisory fees will be deducted during the next regularly scheduled billing
cycle:
a) LPL as the client’s custodian sends statements at least quarterly, showing all disbursements
for each account, including the amount of the advisory fees paid to our firm;
b) Clients provide authorization permitting LPL to deduct these fees;
c) LPL calculates the advisory fees for all fee schedules and deducts them from the client’s
account.
Accounts NOT Held with LPL Financial, LLC
Fees are billed on a pro-rata basis quarterly in advance based on the value of the account(s) on
the last day of the quarter. Fees are negotiable and will be deducted from the account(s). Our firm
bills on cash unless indicated otherwise in writing. If accounts are opened during the quarter, the
pro-rata advisory fees will be deducted during the next regularly scheduled billing cycle, or be
assessed through the third-party billing method AdvicePay. In rare cases, our firm will agree to
direct bill clients. As such, clients understand:
a) Clients must provide our firm with written authorization permitting direct payment of
advisory fees from their account(s) maintained by a custodian who is independent of our
firm;
b) Our firm calculates the advisory fees for all fee schedules to be deducted from the client’s
account;
c) Our firm sends quarterly statements to the client showing the fee amount, the value of the
assets upon which the fee is based, and the specific manner in which the fee is calculated as
well as disclosing that it is the client’s responsibility to verify the accuracy of fee calculation,
and that the custodian does not determine its accuracy; and
d) The account custodian sends a statement to the client, at least quarterly, showing all account
disbursements, including advisory fees.
Financial Planning & Consulting:
Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
engagement with the client. The maximum hourly fee to be charged will not exceed $350. Flat fees
range from $1,500 to $10,000. Our firm requires a retainer of 50% of the ultimate financial planning
or consulting fee at the time of signing. The remainder of the fee will be directly billed to the client
and due within 30 days of a financial plan being delivered or consultation rendered. Our firm will not
require a retainer exceeding $500 when services cannot be rendered within 6 months.
Retirement Plan Consulting:
Our Retirement Plan Consulting services are billed on the percentage of Plan assets under
management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
complexity of our engagement with the client. Fees based on a percentage of managed Plan assets
will not exceed 1.50%. The fee-paying arrangements for Retirement Plan Consulting service will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement. Clients
will be invoiced directly for the fees.
ADV Part 2A – Firm Brochure Page 8 OM Pacific Capital LLC
Private Funds:
Please refer to each fund’s Offering Memorandum for more information on applicable fees. Clients of
will not be charged an advisory fee by OM Pacific Capital LLC on the assets invested in the any of the
offered private funds.
LPL Sponsored Advisory Programs:
The account fee charged to the client for each LPL advisory program is negotiable, subject to the
following maximum account fees:
Advisory Program Annual Percentage of Assets Charge
Manager Access Select Up to 3.00%
Optimum Market Portfolio Up to 2.50%
Personal Wealth Portfolio Up to 2.50%
LPL typically bills these program fees quarterly in advance, and in accordance with the advisory fee
disclosed on the account opening paperwork for each of these programs to be signed by the client.
The client’s initial fee payment is due at the end of the month in which the program agreement is
executed and will include a prorated fee for the initial month in addition to the quarterly advisory fee
for the upcoming quarter. Our firm bills on cash unless indicated otherwise in writing. Subsequent
advisory fee payments are due and will be assessed at the beginning of each quarter based on the
value of the account assets as of the close of business on the last business day of the preceding
quarter. Our firm will receive a portion of the total negotiated advisory fee paid by the client.
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