Fees and Compensation — Form ADV Part 2A (3/30/2016)
[Brochure]
Item 5. Fees and Compensation
RiverBanc negotiates a customized compensation arrangement with each client. Depending
upon the nature of the advisory services that are provided, RiverBanc charges clients a flat fee, a
fixed percentage of net assets under management, a fixed percentage of common equity, or a
variable incentive-based fee. RiverBanc bills clients directly on either a monthly or quarterly
basis. For those clients for which RiverBanc has custody of client funds, RiverBanc deducts fees
directly from assets on either a monthly or quarterly basis. RiverBanc also collects ancillary fees
related to certain investments as negotiated with each client.
RiverBanc also bills clients directly on a monthly basis for any fees or expenses connected to
advisory services. For those clients for which RiverBanc has custody of client funds, RiverBanc
deducts reimbursements for fees or expenses directly from assets on a monthly basis. Clients
may also incur brokerage and other transaction costs. For a discussion of our brokerage policy,
see the section of this brochure titled “Brokerage Practices”.
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2016)
[Brochure]
Item 7. Types of Clients
RiverBanc provides advisory services to sophisticated investors, including a publicly-traded Real
Estate Investment Trust, as well as pooled investment vehicles.
In addition, RiverBanc is generally willing to work with trusts, investment companies, pension
plans, and other private funds.