Item 5: Fees and Compensation
A. Compensation Method and Terms
Walden Wealth Partners is a Fee-Only advisory firm. We are compensated by fees paid
solely by our clients and adhere to a strict policy prohibiting compensation from any
other source. The fees for services provided by Walden Wealth Partners are disclosed
in advance and in writing in the service agreement presented for the client’s approval at
the onset of the relationship. At the advisor’s discretion, exceptions may be made to
the fee schedule due to special circumstances.
Wealth Management Fixed Fee Schedule
Total Investment Assets Quarterly Fee* Fixed Annual Fee*
Up to $3 Million $6,150 $24,600
$3 Million - $8 Million $7,600 $30,400
Over $8 Million Customized Fee Customized Fee
*Fees are adjusted on January 1st of even calendar years by a reasonable inflationary amount.
Payment of Wealth Management Fees
Fee payment terms are disclosed in the written service agreement signed by the client and
advisor.
How is the fee calculated?
The fee a fixed dollar amount. The fee reflects the complexity of the client’s financial
position, Walden’s comprehensive service, risk and responsibility as a fiduciary, as well
as our duty to be a sustainable business that will serve clients and their families for
generations.
When are fees billed and payable?
Walden Wealth’s fee is payable in arrears and billed in quarterly installments.
How are fees paid?
Client signs an authorization permitting our fee to be paid each quarter directly from
the client’s account held by an independent custodian or trustee. The custodian
sends a statement at least quarterly, indicating all amounts disbursed from the
account, including the amount of the advisory fee paid to Walden Wealth. Client is
advised to verify the accuracy of the fee calculation since the custodian will not
determine that the fee is properly calculated.
How are fees adjusted over time?
Fees are adjusted on January 1st of even calendar years by a reasonable inflationary
amount. Clients receive notice of the new fee at least 60 days in advance.
How are fees handled if our relationship is terminated?
Clients may terminate our relationship by providing written notice to Advisor. Walden
Wealth will prorate the fees earned through the termination date and send an invoice
for the final fees. Unless a client has received the firm’s brochure at least 48 hours prior to
signing the investment advisory agreement, the investment advisory agreement may be
terminated by the client within five (5) business days of signing the contract without incurring
any advisory fees. Clients may terminate our relationship at their will by providing written
notice to us. We will prorate the fees earned through the termination date and send clients
an invoice for the final advisory and planning fees. Fees are exclusive of brokerage
commissions, transaction fees, and other related costs and expenses which may be
incurred by the client.
B. Financial Planning and Fiduciary Consulting Fees
The fee for Financial Planning and Fiduciary Consulting Services are customized for
each client based on the scope, complexity and fiduciary responsibilities of services
provided.
Fee payment terms are disclosed in the written service agreement signed by the client
and advisor. Ongoing fees are payable quarterly in arrears, that is, after services have
been provided. Clients may elect to be billed or have fees debited directly from their
investment account.
C. Fees for Managed Account Programs through Co-Advisor and Sub Advisor
Relationship
For client accounts utilizing a third-party investment advisor along with Walden Wealth
Partners, fees may be charged separately by Walden Wealth Partners and the third-
party investment advisor. In some instances, the fees of the third-party investment
advisor will be part of the fee charged by Walden Wealth Partners. Fees will be fully
disclosed in the service agreement with Walden Wealth Partners and/or Co-Advisor and
Sub-Advisor.
D. Ratios and Trading Fees
Custodians and investment companies charge fees for their services to clients, separate
from Walden Wealth Partners’ fees. Scrutiny of the cost structure of each investment is
an important component of our due diligence process prior to recommending a fund as
an investment option for clients. “No load” (no commission) investments are selected
for portfolios, with institutional pricing when available.
Other fees associated with investing include transaction and brokerage fees charged by
the client’s custodian or executing brokerage firm.
E. Prepayment of Client Fees
Walden Wealth Partners may require a deposit at the onset of a new relationship, in
which a portion of the fee is paid in advance. Financial planning clients may be asked
to make a deposit to Walden Wealth Partners for future services, as noted in Section II
of their Financial Planning Agreement. Fees for ongoing financial and investment
services are billed quarterly in arrears, that is, after delivery of services.
F. External Compensation for the Sale of Securities to Clients
Walden Wealth Partners is a Fee-Only firm and receive fees solely from our clients. We
do not receive compensation from any investment product, and do not accept any
commissions, finders' fees, or soft dollar arrangements with any money manager or
broker-dealer (see Item 12).