Item 5. Fees and Compensation
INVESTMENT SUPERVISORY SERVICES ("ISS") INDIVIDUAL PORTFOLIO MANAGEMENT FEES
Our annual fees for Investment Supervisory Services are based upon a percentage of assets under management
and generally range from 0.00% to 2.00%.
The annualized fees for Investment Supervisory Services are charged as a percentage of assets under
management, according to the following schedule:
Assets Under Management Annual
$0 ‐ $1,000,000 2.00%
$1,000,001 And Up 1.00%
*GlacierWealth's advisory fees are not negotiable.
FEES FOR OTHER CONSULTING SERVICES
Fees for other consulting services are charged as a flat fee per quarter. Billing for other consulting services, if
agreed upon and applicable, is quarterly in advance and set forth in the written agreement between the Client
and the Firm.
GENERAL INFORMATION
Termination of the Advisory Relationship: A client agreement may be canceled at any time, by either party,
for any reason, upon receipt of 30 days' written notice. As disclosed above, certain fees are paid in advance of
services provided. Upon termination of any account, any prepaid, unearned fees will be promptly refunded. In
calculating a client’s reimbursement of fees, we will pro-rate the reimbursement according to the number of
days remaining in the billing period.
Mutual Fund Fees: All fees paid to GlacierWealth for investment advisory services are separate and distinct
from the fees and expenses charged by mutual funds and/or ETFs to their shareholders. These fees and
expenses are described in each fund's prospectus. These fees will generally include a management fee, other
fund expenses, and a possible distribution fee. If the fund also imposes sales charges, a client may pay an
initial or deferred sales charge. A client could invest in a mutual fund directly, without our services. In that
case, the client would not receive the services provided by our firm, which are designed, among other things,
to assist the client in determining which mutual fund or funds are most appropriate to each client's financial
condition and objectives.
Accordingly, the client should review both the fees charged by the funds and our fees to fully understand the
total amount of fees to be paid by the client and to thereby evaluate the advisory services being provided.
Wrap Fee Programs and Separately Managed Account Fees: Clients participating in separately managed
account programs may be charged various program fees in addition to the advisory fee charged by our firm.
Such fees may include the investment advisory fees of the independent advisers, which may be charged as part
of a wrap fee arrangement. In a wrap fee arrangement, clients pay a single fee for advisory, brokerage, and
custodial services. Client’s portfolio transactions may be executed without a commission charge in a wrap fee
arrangement. In evaluating such an arrangement, the client should also consider that, depending upon the level
of the wrap fee charged by the broker‐dealer, the amount of portfolio activity in the client’s account, and other
factors, the wrap fee may or may not exceed the aggregate cost of such services if they were to be provided
separately. We will review with clients any separate program fees that may be charged to clients.
Additional Fees and Expenses: In addition to our advisory fees, clients are also responsible for the fees and
expenses charged by custodians and imposed by broker‐dealers, including, but not limited to, any transaction
charges imposed by a broker‐dealer with which an independent investment manager effects transactions for
the client's account(s). Please refer to the "Brokerage Practices" section (Item 12) of this Form ADV for
additional information.
Grandfathering of Minimum Fee Arrangements: Pre‐existing advisory clients are subject to GlacierWealth's
minimum account requirements and advisory fees in effect at the time the client entered into the advisory
relationship. Therefore, our firm's minimum fee requirements and advisory fees will differ among clients.
ERISA Accounts: GlacierWealth is deemed to be a fiduciary to advisory clients that are employee benefit
plans or individual retirement accounts (IRAs) pursuant to the Employee Retirement Income and Securities
Act ("ERISA"), and regulations under the Internal Revenue Code of 1986 (the "Code"), respectively. As such,
our firm is subject to specific duties and obligations under ERISA and the Internal Revenue Code that include,
among other things, restrictions concerning certain forms of compensation. To avoid engaging in prohibited
transactions, GlacierWealth may only charge fees for investment advice about products for which our firm
and/or our related persons do not receive any commissions or 12b‐1 fees, or conversely, investment advice
about products for which our firm and/or our related persons receive commissions or 12b‐1 fees; however,
only when such fees are used to offset GlacierWealth's advisory fees.
Advisory Fees in General: Clients should note that similar advisory services may (or may not) be available
from other registered (or unregistered) investment advisers for similar or lower fees.
Limited Prepayment of Fees: Under no circumstances do we require or solicit payment of fees in excess of
$500 more than six months in advance of services rendered.
For California Payments: All fees charged by GlacierWealth are reasonable in light of GlacierWealth’s
experience and expertise and the level of sophistication of investment clients. Lower fees for comparable
services may be available from other sources (CCR 260.238(j)).