Fees and Compensation — Form ADV Part 2A (3/31/2023)
[Brochure]
Item 5: Fees and Compensation
Items 5.A.-5.D.
The SAM management fee is listed in the schedule below:
Class D Class E Class F Class G
Mgmt Fee 0.80% 0.80% 1.00% 1.00%
Other Expenses
Clients are responsible for the payment of all third-party fees (i.e., custodian fees, brokerage fees, mutual
fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and expenses charged
by SAM. Please see Item 12 of this brochure regarding brokerage practices.
Item 5.E.
Not Applicable. Neither SAM, nor any of its supervised persons, are compensated for the sale of securities
or other investment products or mutual funds. Additionally, SAM does not charge its clients advisory fees
over and above commissions or markup fees for the purchase and sale of securities for client portfolios.
Filed 2025-09-29 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $100,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
AUM Breakdown
Accounts
AUM ($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
1
19.0
(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