Fees and Compensation — Form ADV Part 2A (3/30/2026)
[Brochure]
Item 5: Fees and Compensation
A. Methods of Compensation and Fee Schedule
Fees are set forth in the agreement between Shorebird Capital and SMArtX.
B. Payment of Fees
The terms and conditions of the engagement are set forth in the agreement between Shorebird
Capital and SMArtX.
C. Additional Fees Charged
There are additional fees such as internal fees and expenses charged by mutual funds (i.e., 12b-1
distribution fees and management fees that are assessed within the mutual fund) and exchange-
traded funds. Such fees and expenses are described in each exchange-traded fund and mutual
fund’s prospectus.
D. External Compensation for the Sale of Securities
Shorebird Capital advisory professionals are compensated through a salary and bonus structure.
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2026)
[Brochure]
Item 7: Types of Clients
Shorebird Capital offers its model portfolios strategies on the SMartX platform.
Filed 2018-02-06 (D) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $100,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
Filed 2017-04-03 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $250,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above