We are registered with the U.S. Securities and Exchange Commission as an investment adviser. Brokerage and investment advisory services fees differ and it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at http://investor.gov/crs, which also provides educational materials about broker-dealers, investment advisers and investing.
What investment services and advice can you provide me?
Our firm offers investment advisory services, which are fully described in our Form ADV Part 2A (“Disclosure Brochure”). Our services include financial planning and investment consulting, investment management, insurance and retirement plan consulting. As part of our standard services, we monitor investments that we manage on a continuous and ongoing basis. There are no material limitations to our monitoring. Financial planning and investment consulting recommendations are not actively monitored. We accept discretionary authority to implement the recommended transactions in client accounts. The level of discretion is determined in our agreement and there are no material limitations on the authority. We do not offer advice only with respect to proprietary products. We offer advice on investment management assets primarily among mutual funds and exchange-traded funds (“ETFs”) in accordance with your investment objectives. Our services are not subject to a minimum fee or account size.
Additional information about our services can be found in Items 4, 5 and 7 of our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/firm/summary/144235
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
We offer our services on a fee basis based upon assets under management. Our annual fee is prorated and charged quarterly in arears. We do not charge a separate fee for financial planning and consulting services, but render them (as needed) when meeting with new investment management clients and on an ongoing basis when conducting review meetings.
In addition to the advisory fees paid to us, you also incur certain charges imposed by other third parties, such as broker-dealers, custodians, etc. These additional charges include charges imposed by broker-dealers, custodians and other third parties such as custodial fees, charges imposed directly by a mutual fund or ETF in the account, which shall be disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Such charges, fees and commissions are exclusive of and in addition to our fee.
Since our advisory fee is based upon assets under management, the more assets there are in your advisory accounts, the more you will pay in fees. We may therefore have an incentive to encourage you to increase the assets in your account or manage them in a way where we earn higher fees. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Additional information about our fees can be found in Item 5 of our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/firm/summary/144235
Let’s discuss… Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here is an example to help you
understand what this means.
- Third-Party Payments: We are a licensed insurance agency and our supervised persons, in their individual capacities, are licensed insurance agents. They may recommend, on a fully-disclosed basis, the purchase of certain insurance products. There is an incentive that we or our supervised persons recommend the purchase of insurance products where we or our supervised persons receive insurance commissions or other additional compensation.
Let’s discuss… How might your conflicts of interest affect me, and how will you address them?
Additional information about our conflicts of interest can be found throughout our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/firm/summary/144235
How do your financial professionals make money?
Our financial professionals are compensated based on the following factors and conflicts of interest:
- Revenue the firm earns from the financial professional’s advisory services or recommendations. This results in
an incentive to take steps to maximize revenue to the firm.
- Sales commissions on insurance products result in an incentive to sell certain insurance products.
Additional information about our financial professionals can be found on their respective Form ADV Part 2 Brochure Supplements that you will be provided.
Do you or your financial professionals have legal or disciplinary history?
Yes, certain of our financial professionals have a disciplinary history. You can visit http://investor.gov/crs for a free and simple search tool to research us and our financial professionals.
Let’s discuss… As a financial professional, do you have any disciplinary history? For what type of conduct?
You can find additional information about our services on our website and in our Disclosure Brochure. To request a copy of this Relationship Summary and any of our other disclosure documents referred to in this document, please email us at firstname.lastname@example.org or call us at (781) 938-6361.
Let’s discuss… Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?