ITEM 5 - FEES AND COMPENSATION
Fee Schedule
Investment Management Services
Painted Porch charges advisory fees for investment management services. Painted Porch‘s advisory fees
are charged based on a percentage of the client’s total assets under management, per the following
schedule:
Assets Under Management Annual Fee
From To
$0 $2,000,000 1.00%
$2,000,001 $5,000,000 0.60%
$5,000,001 $10,000,000 0.50%
$10,000,001 And over 0.30%
Our standard fee schedule is not negotiable; however, Painted Porch reserves the right to make
exceptions in limited circumstances at our discretion. We also manage some family and related accounts
without charge.
Painted Porch may recommend certain alternative investments. Generally, Painted Porch is not
responsible for attempting to provide an estimate of fair value for these alternative investments and in
many instances will rely on the value reported by the general partner or other manager of the
investment.
Comprehensive Services (Excluding Investment Management)
For clients engaging us for comprehensive services excluding investment management, Painted Porch
charges a flat fee of $7,500 per year. The scope of the services and fees will be outlined in a letter of
engagement between Painted Porch and the client.
Painted Porch Advisors LLC Brochure March 23, 2026
Retainer Services and Consulting Services
Painted Porch offers retainer services and consulting services for a mutually agreed upon flat fee.
Annual fees are based on the approximate amount of time and resources required to provide the
services agreed to in the retainer agreement and may be negotiable. Painted Porch and the client will
mutually define the scope of the engagement prior to providing any services. The scope of the
relationship and fees to be charged will be clearly outlined in a letter of engagement between Painted
Porch and the client. No fees or billable activity will be accrued prior to the execution of a letter of
engagement.
Minimum Fee
Retainer Services
For clients engaging us under a retainer agreement, Painted Porch generally requires a minimum
retainer fee of $7,500 per year. However, we may make exceptions at our discretion to charge a lower
minimum annual retainer fee.
Billing Method
Investment Management Services
Painted Porch’s advisory fees are payable quarterly in advance, at the beginning of each calendar
quarter, based on the account market value on the last day of the prior calendar quarter. For certain
alternative investments, market values may be provided by the security sponsor less frequently than
quarterly, and Painted Porch will generally use the most recent reported value for purposes of
calculating the advisory fee. For clients that commence management with us on a date other than the
first day of a calendar quarter, the initial billing will be the charge in advance for the first full calendar
quarter under our management.
Painted Porch may aggregate client accounts that have family or business relationships with each other
for purposes of calculating the advisory fees applicable to each client.
It is up to the client whether they wish to have the advisory fees withdrawn directly from their custodian
account or pay by check. With client authorization, Painted Porch will instruct the custodian to
automatically withdraw Painted Porch’s advisory fee from the client’s account held by an independent
custodian. Typically, the custodian withdraws advisory fees from the client’s account during the first
month of each quarter based on Painted Porch’s instruction. All clients will receive brokerage
statements from the custodian no less frequently than quarterly. The custodian statement will show the
deduction of the advisory fee for those clients who authorize the advisory fees to be withdrawn directly
from their custodian account.
Painted Porch will send an invoice to all clients who choose not to have advisory fees withdrawn directly
from their custodian account. The invoice is payable upon receipt and will include the fee calculation
and amount due.
Painted Porch Advisors LLC Brochure March 23, 2026
Comprehensive Services (Excluding Investment Management)
Painted Porch’s fees for comprehensive services are payable quarterly in advance.
Retainer Services and Consulting Services
Painted Porch’s fees for retainer services and consulting services are payable quarterly in arrears. The
first payment is due after the first full quarter of services.
Other Fees and Expenses
Painted Porch’s fees do not include custodian fees. Clients pay all brokerage commissions, stock transfer
fees, and other similar charges incurred in connection with transactions in accounts from the assets in
the account, which are in addition to the fees client pays to Painted Porch. See Item 12 - Brokerage
Practices below for more information.
Any mutual fund shares held in a client’s account may be subject to deferred sales charges, 12b-1 fees,
and other fund-related expenses. The fund’s prospectus fully describes the fees and expenses. All fees
paid to Painted Porch for investment management services are separate and distinct from the fees and
expenses charged by mutual funds. Mutual funds pay advisory fees to their managers, which are
indirectly charged to all holders of the mutual fund shares. Consequently, clients with mutual funds in
their portfolios are effectively paying both Painted Porch and the mutual fund manager for the
management of their assets. In addition, real estate offerings in which clients invest may charge internal
fees, which are described in the offering documents. Painted Porch does not receive any portion of the
internal fees of third-party real estate offerings.
Termination
Investment Management Services
...