A. Description of the Advisory Firm
B. Types of Advisory Services
Estate Planning Services
We offer Estate Planning services for our clients to assist with general information as it applies to
reviews of existing plans, gathering information needed to provide outside firms in the creation of
documents, and updating existing plans for clients. The fees associated with estate planning related
services are separate and in addition to your ongoing financial planning or advisory fees and are
disclosed in Item 5.
Portfolio Management Services
Chicory Wealth also offers ongoing portfolio management services. Portfolio management
services include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
Our Portfolio Management Services are also available to certain Chicory clients in a Wrap program that
we still sponsor but no longer offer to new clients. Please see our Appendix 1 of Part 2A (the “Wrap
Brochure”) for detailed information about that program.
Chicory Wealth uses both fundamental analysis as well as Environmental, Social, and
Governance (ESG) metrics to develop the portfolio parameters for each individual client.
All clients receive our financial life planning analysis that helps us to determine the
client’s specific needs and requirements as well as a plan that may be executed by Chicory
Wealth on behalf of the client. Clients may impose restrictions in investing in certain
securities or types of securities in accordance with their values or beliefs. However, if the
restrictions prevent Chicory Wealth from properly servicing the client account, or if the
restrictions would require Chicory Wealth to deviate from its standard suite of services,
Chicory Wealth reserves the right to end the relationship.
Chicory Wealth has the following assets under management:
Discretionary
Amounts: Non-discretionary Amounts: Date Calculated:
$ 629,131,055 $ 2,888,394 December 31, 2023
C. Client Tailored Services and Client Imposed Restrictions
D. Assets Under Management
For Financial Life Planning Services or Portfolio Management Services, the fee is based on
the following tiered schedule:
Total Assets Under Management Annual Fee
First $5,000,000 1.0%
$5,000,001-$15,000,000 0.75%
$15,000,001+ 0.5%
Fees are paid monthly in arrears using the average daily balance of the account value
during the period. All accounts in a household are combined to determine the Total
Assets Under Management for the period. For Financial Life Planning Services, there is a
minimum annual fee of $10,000, calculated on a monthly basis.
These fees may be negotiable. Clients may terminate the agreement without penalty for a
full refund of Chicory Wealth's fees within five business days of signing the advisory
agreement. Thereafter, clients may terminate the advisory agreement generally upon
written notice. Refund of any fees will be prorated based on the contract anniversary
date.
Estate Planning Services
The fees for estate planning will be determined based on the complexity of the planning
services needed. The fee is detailed in a separate Estate Planning Services Agreement, but
the minimum fee is $1000, and the maximum fee is $5000.
The fees may be negotiable in certain cases, will be agreed to at the start of the engagement,
and are due at the end of the engagement. Clients are not required to utilize any third party
products or services that we may recommend and they can receive similar services from
other professionals at a similar or lower cost.
Fees are debited direct from your account that we manage at the custodian.
In connection with Chicory Wealth’s management of an account, a client will incur fees and/or