Fees and Compensation — Form ADV Part 2A (6/30/2017)
[Brochure]
Item 5: Fees and Compensation. .
5.A. Method of Compensation and Fee Schedule
The Firm’s fees are individually negotiated with each client. We have no fee schedule.
5.B. Client Payment of Fees
Clients may allow us to to deduct the fees or we may bill clients for fees, whichever is
negotiated.
5.C. Additional Client Fees Charged
Clients may be charged expenses if negotiated.
5.D. Prepayment of Client Fees
An advisory client may have a right to terminate the advisory contract without penalty
depdending upon the arrangement negotiated with the client. In any instance in which a client
pays a fee in advance, the firm will provide a pro-rated refund of those fees upon termination of
the agreement.
5.E. External Compensation for the Sale of Securities to Clients
Neither the firm nor any of its supervised persons accepts compensation for the sale of
securities or other investment products, including asset-based sales charges or service fees
from the sale of mutual funds.
Account Minimums and Types of Clients — Form ADV Part 2A (6/30/2017)
[Brochure]
Item 7. : Types of Clients.
The Firm’s clients are expected to include institutional investors and high net worth individuals
who are sophisticated and generally well acquainted with various investment strategies.