United Investment Advisers LLC

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United Investment Advisers LLC
CRD #117751
SEC #801-61000
CIK #
AUM
Employees
Fees
Minimum
Phone614-224-1629
Address411 East Town Street
Columbus, OH 43215
Source [IAPD] [Website]
Total AUM ($M)
3002401801206002000200820162025
Fees and Compensation — Form ADV Part 2A (3/30/2026) [Brochure]
Item 5: Fees and Compensation

     A. Fee Schedule for the Fund

     1. Management Fees for the Fund

     For its services in managing and supervising the Fund’s investments and operations, DRIA
     is paid a Management Fee as follows: at the end of each calendar month each Limited
     Partner’s Capital Account is debited 1/12th of 1.0% (a 1.0% annual rate) of its value and the
     amount is credited to DRIA. The Management Fee is treated as a Partnership expense.
     Management Fees credited to DRIA are available for withdrawal by DRIA at its discretion.
     DRIA has the right to waive, or alter the amount of, the Management Fee with respect to
     any Limited Partner in its discretion.

     2. Preferred Profit Participation for the Fund

In consideration of acting as General Partner and Investment Manager of the Fund and except as
modified by Section 4.09, DRIA is allocated a Preferred Profit Participation (“hereinafter PPP”)
equal to 20% of the New Profit (as defined below) to in the Capital Account of each Limited
Partner during each Fiscal Period for which PPP is payable to the General Partner.

                New Profit is defined as the increase in a Limited Partner’s Capital Account over the
highest prior Capital Account (“Maximum Capital Account”) from which PPP was allocated to the General
Partner. A record of each Limited Partner’s Maximum Capital Account will be maintained by the
Partnership.

                Performance based compensation may create an incentive for the adviser to recommend
an investment that may carry a higher degree of risk to the client.

    3. Payment of Fees for the Fund

     Payment of Management Fees

     Management fees are withdrawn directly from the Fund automatically each month.

     Payment of Preferred Profit Participation

     The PPP is deducted automatically from the Fund after review of the performance by the
     fund administrator and accountant.

Client are responsible for the payment of all third party fees (i.e. custodian fees, transactions fees
etc.) Those fees are separate and distinct from the management fees and PPP charged by DRIA.
Please see Item 12 of this brochure regarding broker/custodian.

     B. Payment of Fees

     In regard to compensation for investment services for the Fund, DRIA collects management
     fees in advance and PPP fees in arrears. Fees that are collected in advance will be refunded
     on the prorated amount of work completed at the point of termination and the total day
     during the billing period.

     DRIA collects fees for referrals of investments to accredited investors. These fees are
     collected after accredited investors have made investments based on independent due
     diligence.

     C. Outside Compensation For the Sale of Securities to Clients

DRIA or any of its persons may accept compensation for the sale of securities or other
investment products, including asset-based sales charges or services fees from the sale of mutual
funds.
Account Minimums and Types of Clients — Form ADV Part 2A (3/30/2026) [Brochure]
Item 7: Types of Clients

DRIA only accepts Accredited Investors as clients. These clients may include:

     *High-Net-Worth Individuals

     *IRAs or SEPS of High-Net-Worth Individuals

     *Trusts or Estates

     Minimum Account Size

     The Fund has a minimum investment of two hundred and fifty thousand dollars
($250,000.00) which DRIA may waive at its discretion.
Type Form D Funds Date Sold AUM
HF DRMM Total Return Fund I LP 2012-03-30 1.8 M
RE Roaring Fork Proprietary LLC 2012-03-30 5.4 M
AUM Breakdown Accounts AUM ($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 0 0.0
(n) Other 0 0.0
Total 0 0.0
By Discretionary
Discretionary 0 0.0
Non-Discretionary 0 0.0
Total 0 0.0
By Non-United States Persons
Non-United States Persons 0.0
United States Persons 0.0
Total 0 0.0
Firm Profile (Form ADV)
Discretionary AUM$0.1B
ServesInstitutional, Retail
Fund TypesHedge Fund, Real Estate
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