ITEM 5 - FEES AND COMPENSATION
VISION2020 WEALTH MANAGEMENT PLATFORM – ADVISOR MANAGED PORTFOLIOS PROGRAM
We offer Advisor Managed Portfolios as an account where no separate transactions charges apply and a single fee
is paid for all advisory services and transactions ("Wrap Account").
We also offer Advisor Managed Portfolios with separate advisory fees and transaction charges (“Non-Wrap
Account”). As such, in addition to the monthly or quarterly account fee described below for advisory services, you
will also pay separate per-trade transaction charges.
You will pay a monthly or quarterly account fee, in advance or arrears, based upon the market value of the assets
held in your account as of the last business day of the preceding calendar month or quarter or on the average daily
value of your account of the preceding month or quarter. Your account fees are negotiable and will be debited from
your account by our custodian. If you terminate your participation in this program, you will be entitled to a pro-rata
refund of any prepaid monthly or quarterly fees based upon the number of days remaining in the month or quarter
after the date upon which the notice of termination is received.
Each of our Advisory Representatives negotiates his or her own account fee schedule.
Mutual funds and ETFs invested in the account have their own internal fees which are separate and distinct from
the program account fees (for more information on these fees, see the applicable fund prospectus).
Some Fund fees include 12b-1 fees which are internal distribution fees assessed by the Fund, all or a portion of
which are paid to the distributor(s) of the Funds. The Firm and your Advisory Representative do not retain 12b-1
fees paid by the Funds.
In certain instances, there is opportunity to be eligible to purchase certain mutual funds and ETFs without incurring
transaction charges subject to certain conditions. For details, please refer to Item 4 (No Transaction Fee Programs)
of the Advisor Managed Portfolios wrap fee brochure.
For complete fee details, please see the Advisor Managed Portfolios Wrap Fee Program Brochure.
VISION2020 WEALTH MANAGEMENT PLATFORM – UNIFIED MANAGED ACCOUNT PROGRAM
We offer UMA as an account where no separate transactions charges apply and a single fee is paid for all advisory
services and transactions ("Wrap Account").
You will pay a monthly or quarterly account fee, in advance, based upon the market value of the assets held in your
account as of the last business day of the preceding calendar month or quarter. Your account fees are negotiable
and will be debited from your account by our custodian. If you terminate your participation in this program, you will
be entitled to a pro-rata refund of any prepaid monthly or quarterly fees based upon the number of days remaining
in the month or quarter after the date upon which the notice of termination is received.
Each of our Advisory Representatives negotiates his or her own account fee schedule. The account fees paid by
client include portions paid to your Advisory Representative (“Advisory Fees”), as well as to the Firm, the custodian,
and the Third-Party Money Managers selected (“Program Fees”). Advisory Fees are set independently regardless
of manager selected. Mutual funds and ETFs invested in the account also have their own internal fees (“internal
fund expenses”) which are separate and distinct from the program account fees (for more information on these fees,
see the applicable fund prospectus). Since fees billed to your UMA account are comprised of both Program Fees
Triad IA Brochure – 2024.1 Current as of March 28, 2024
and Advisory Fees, Advisory Representatives may have an incentive to select third party money managers with
lower Program Fees in order to manage the overall fee charged to you. You and your Advisory Representative
should consider the overall fees and expenses, including internal fund expenses, when selecting managers and
other portfolio investments.
For complete fee details, please refer to The Wealth Management Platform – Unified Managed Account Wrap Fee
Program Brochure.
THIRD-PARTY ADVISORY SERVICES
Compensation in connection with Third-Party Advisory Services generally consists of six elements: i) management
fees paid to Third-Party Money Managers; ii) management fees paid to us as outlined in the client agreement that
you sign with us; iii) transaction costs – if applicable – which are charged when purchasing and selling such
securities; iv) custody fees; v) revenue sharing paid to the Firm and vi) fees paid to us for administrative and
supervisory services. Your account will be held with the Third-Party Advisory Service custodian where your fees
will be assessed and deducted.
Similar investment strategies offered through the Third-Party Advisory Services program can be offered by more
than one provider, including other TPMMs, as well as through other advisory programs offered through the Firm
and its affiliates. You should be aware that lower fees for comparable services may be available from other sources.
The account fees paid by client include portions paid to your Advisory Representative (“Advisory Fees”), as well as
to the Firm, the custodian, and the Third-Party Money Managers selected (“Program Fees”). Mutual funds,
exchange traded funds and other pooled investment vehicles invested in the account also have their own internal
fees (“internal fund expenses”) which are separate and distinct from the program account fees (for more information
on these fees, see the applicable fund prospectus). Since fees billed to your account for Third-Party Advisory
Services are typically comprised of both Program Fees and Advisory Fees, Advisory Representatives may have an
incentive to select Third-Party Advisory Services with lower platform Program Fees in order to manage the overall
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