Item 5 - Fees and Compensation
A. Fee Schedule for Wealth Management and Investment Management Services
ADVISORY FEE SCHEDULE
Market Value of Assets Tiered Rate
First $1,000,000 1.50%
Next $2,000,000 1.30%
Next $2,000,000 1.25%
Next $5,000,000 1.10%
Above $10,000,000 1.00%
The percentage fee shown for each range of the
managed asset value will apply only to assets within
that range.
TrinityPoint Wealth charges an annual advisory fee that is agreed upon with each client and set forth in an
agreement executed by TrinityPoint Wealth and the client. If based on a percentage of the value of assets
under management, the advisory fee generally is payable quarterly in advance, based on the average daily
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net billable asset value of the client’s accounts in, and through the last day of, the previous quarter, as
provided by third-party sources. Our fees are based on the market value of your assets under our
management, including cash, accrued interest, accrued dividends, and securities purchased on margin. For
the initial quarter, the advisory fee is payable on a pro rata basis, in arrears, based on the value of the net
billable assets under management at the end of such initial quarter. The advisory fees charged by the Firm
will apply to all of the client’s assets under management, according to the above fee schedule, unless
specifically excluded in the client agreement. The advisory fee may include the financial planning services
described above.
Notwithstanding the foregoing, TrinityPoint Wealth and the client may choose to negotiate an annual
advisory fee that varies from the schedule set forth above. Factors upon which a different annual advisory
fee will be based includes, but are not limited to, the size and nature of the relationship, the services
rendered, the nature and complexity of the products and investments involved, time commitments, and
travel requirements. TrinityPoint will, in its sole discretion, waive its fees in their entirety for friends and
family of the Firm and/or reduce its fees for certain clients, and could change the above listed fee amounts
at any time. Any negotiated advisory fee charged by the Firm will apply to all of the client’s assets under
management, unless specifically excluded in the client agreement. The negotiated advisory fee may
include the financial planning services described above.
Clients have five (5) business days from the date of execution of the client agreement to terminate
TrinityPoint Wealth’s services without penalty. The investment advisory agreement between TrinityPoint
Wealth and the client may be terminated at will by either TrinityPoint Wealth or the client upon written
notice. TrinityPoint Wealth does not impose termination fees when the client terminates the investment
advisory relationship, except when agreed upon in advance.
Clients who transitioned to TPW from Penland Legacy Advisors may have fee schedules/rates that are
different than the schedule listed above. Those accounts have been grandfathered in under a previously
executed investment advisory agreement, and will remain on those fee schedules.
TrinityPoint Wealth offers its clients financial planning services. Such services, for some clients, are
included as part of a standard investment advisory engagement that is subject to an annual advisory fee.
We offer clients the option of obtaining certain financial solutions from unaffiliated third-party
financial institutions through UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc.
and its affiliates, “UPTIQ”) and Flourish Financial LLC (“Flourish”). Focus Financial Partners, LLC
(“Focus”) is a minority investor in UPTIQ, Inc. UPTIQ is compensated by sharing in the revenue
earned by such third-party financial institutions for serving our clients. The revenue paid to UPTIQ
also benefits UPTIQ Inc.’s investors, including Focus, our parent company. When legally permissible,
UPTIQ also shares a portion of this earned revenue with our affiliate, Focus Solutions Holdings, LLC
(“FSH”). For non-residential mortgage loans made to our clients, UPTIQ will share with FSH up to
25% of all revenue it receives from such third-party financial institutions. For securities-backed lines
of credit (“SBLOCs”) made to our clients, UPTIQ will share with FSH up to 75% of all revenue it
receives from such third-party financial institutions. For cash management products and services
provided to our clients, UPTIQ will share with FSH up to 33% of all revenue it receives from the third-
party financial institutions and other intermediaries that provide administrative and settlement services
in connection with this program. As noted above, Flourish facilitates cash management solutions for
our clients. When legally permissible, Flourish pays FSH a revenue share of up to 0.10% of the total
amount of cash held in Flourish cash accounts by our clients. This earned revenue is indirectly paid by
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our clients through an increased interest rate charged by the third-party financial institutions or, for cash
balances, a lowered yield. FSH distributes this revenue to us when we are licensed to receive such
revenue (or when no such license is required) and the distribution is not otherwise legally prohibited.
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