Fees and Compensation — Form ADV Part 2A (6/23/2026)
[Brochure]
ITEM 5 - FEES AND COMPENSATION
Fees for Research and Advisory Consultation Services
Zulauf will negotiate fees for research and advisory consultation services with each
consulting client based on various factors. These factors include the number of users
at each client firm, the size and type of client firm, and anticipated level of direct access
to and interaction with Mr. Zulauf. Fees for research and advisory consultation
services are typically payable in advance on a quarterly basis unless otherwise
negotiated.
Account Minimums and Types of Clients — Form ADV Part 2A (6/23/2026)
[Brochure]
ITEM 7 - TYPES OF CLIENTS
Zulauf provides research and advisory consultation services primarily to institutional
clients.
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
42
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
2
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
96
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