Item 5 Fees and Compensation
Financial Advisory Services
Our annual fee for financial advisory services is equal to 1.00% of the market value of your assets under our management.
Assets in each of your account(s) are included in the fee assessment unless specifically identified in writing for exclusion
from the fee calculation.
Our annual financial advisory services fee is billed and payable, quarterly in advance, based on the balance at end of each
billing period.
If the investment advisory agreement is executed at any time other than the first day of a calendar quarter, our fees will apply
on a pro rata basis, which means that the advisory fee is payable in proportion to the number of days in the quarter for which
you are a client.
We will deduct our fee directly from your account through the qualified custodian holding your funds and securities. We will
deduct our advisory fee only when you have given our firm written authorization permitting the fees to be paid directly from
your account. Further, the qualified custodian will deliver an account statement to you at least quarterly. These account
statements will show all disbursements from your account. You should review all statements for accuracy.
You may terminate the portfolio management agreement with 30 days written notice provided to Truth of Investing. You
will incur a pro rata charge for services rendered prior to the termination of the portfolio management agreement, which
means you will incur advisory fees only in proportion to the number of days in the quarter for which you are a client. If you
have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of all such fees.
We will not require prepayment of a fee more than six months in advance and in excess of $1,200.
Portfolio Management Services
Our annual fee for portfolio management services is equal to 0.50% of the market value of your assets under our
management. Assets in each of your account(s) are included in the fee assessment unless specifically identified in writing for
exclusion.
Our annual portfolio management fee is billed and payable, quarterly in advance, based on the balance at end of billing
period.
If the portfolio management agreement is executed at any time other than the first day of a calendar quarter, our fees will
apply on a pro rata basis, which means that the advisory fee is payable in proportion to the number of days in the quarter for
which you are a client.
We will deduct our fee directly from your account through the qualified custodian holding your funds and securities. We will
deduct our advisory fee only when you have given our firm written authorization permitting the fees to be paid directly from
your account. Further, the qualified custodian will deliver an account statement to you at least quarterly. These account
statements will show all disbursements from your account. You should review all statements for accuracy.
You may terminate the portfolio management agreement with 30 days written notice provided to Truth of Investing. You
will incur a pro rata charge for services rendered prior to the termination of the portfolio management agreement, which
means you will incur advisory fees only in proportion to the number of days in the quarter for which you are a client. If you
have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of those fees.
We will not require prepayment of a fee more than six months in advance and in excess of $1,200.
In some cases, we are acting as a third-party money manager to clients who were referred to us by their primary adviser. If
you were referred to us by your primary adviser, you should be aware that the advisory fees they charge are separate and
apart from our advisory fee. Advisory fees that you pay to your primary adviser are established and payable in accordance
with the brochure provided by such primary adviser. These fees may or may not be negotiable. You should review your
primary adviser’s brochure and take into consideration their fees along with our fees to determine the total amount of fees
associated with this program.
In addition to the contract you entered into with your primary adviser, you will be required to sign an agreement directly
with us. In some cases, the agreement may be a tri-party agreement between you, your primary adviser and us. You may
terminate your advisory relationship with your primary adviser according to the terms of your agreement with them. You
should review your primary adviser’s brochure for specific information on how you may terminate your advisory
relationship with them and how you may receive a refund, if applicable. You should contact your primary adviser directly
for questions regarding your advisory agreement with them.
Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in mutual funds and
exchange traded funds. The fees that you pay to our firm for investment advisory services are separate and distinct from the
fees and expenses charged by mutual funds or exchange traded funds (described in each fund's prospectus) to their
shareholders. These fees will generally include a management fee and other fund expenses. You will also incur transaction
charges and/or brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by the
broker-dealer or custodian through whom your account transactions are executed. We do not share in any portion of the
brokerage fees/transaction charges imposed by the broker-dealer or custodian. To fully understand the total cost you will
incur, you should review all the fees charged by mutual funds, exchange traded funds, our firm, and others. For information
on our brokerage practices, refer to the Brokerage Practices section of this brochure.
Financial Planning
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