A. Description of the Advisory Firm
Infinity Financial Services Advisory (hereinafter “IFSA”) provides portfolio management to clients under this wrap
fee program (Appendix 1) as sponsor and portfolio manager.
Portfolio Management Fees
Total Assets Under ManagementAnnual Fees
$10,000 - $99,999
$100,000 - $249,999
$250, 000 - $499,999
$500,000 - $749,999
$750,000 - $1,249,999
$1,250,000 - $4,999,999
$5,000,000 - $24,999,999
$25,000,000 and greater
.25% to 2.50%
.25% to 2.25%
.25% to 2%
.25% to 1.75%
.25% to 1.50%
.25% to 1.25%
.25% to 1.0%
.25% to .75%
Our fee calculation is charged in advance and is based on the end of month balance of the prior month’s
account value. Our management fees are negotiable; however, there is a minimum fee of 25 basis points per
year based on assets under management which may be waived at IFSA’s sole discretion. The final fee schedule
will be memorialized in the client’s Investment Advisory Contract. Clients may terminate the Investment Advisory
Contract with written notice. Terminated Clients that pay in advance will receive a refund of the prorated portfolio
management fee.
B. Contribution Cost Factors
The program may cost the client more or less than purchasing such services separately. There are several
factors that bear upon the relative cost of the program, including the trading activity in the client’s account, the
adviser’s ability to aggregate trades, and the cost of the services if provided separately (which in turn depends
on the prices and specific services offered by different providers).
There are no material changes to ADV Part 2a Appendix 1 Wrap Fee Brochure For Infinity Financial
Services Advisory to report.
C. Additional Fees
Certain other fees are not included in the wrap fee and are paid for separately by the client. These include,
but are not limited to, margin costs, charges imposed directly by a mutual fund or exchange traded fund, fees
associated with “step out” transactions if the account uses different custodians or broker-dealers, deferred sales
charges, odd-lot differentials, transfer taxes, spreads paid to market makers, wire transfer and electronic fund
fees, and other fees and taxes on brokerage accounts. Investments made in mutual funds, ETFs, and other
investment products may carry investment management fees and operating expenses that will be born by the
client separate and apart from the portfolio management fee.
D. Compensation of Client Participation
Neither IFSA, nor any representatives of IFSA receive any additional compensation beyond advisory fees for
the participation of client’s in the wrap fee program (Appendix 1). However, compensation received may be
more than what would have been received if client paid separately for investment advice, brokerage, and other
services. Therefore, IFSA may have a financial
incentive to recommend the wrap fee program (Appendix 1) to
clients.
E. Monthly Service and Reporting Fee
Accounts are billed a monthly fee set at the higher of: 5 basis points of the account value times the number of
active days in the billing cycle divided by the number of days in the year, OR $100 times the number of active
days in the billing cycle divided by the number of days in the year. This monthly fee calculation is charged in
advance and is based on the end of month balance of the prior month’s account value. The purpose of this fee
is to offset the cost of third-party billing services, which allows the firm to calculate the advisory fees, provide
invoicing, and allows the representatives to provide performance reporting on their account(s). For a Wrap
Program, the monthly service and reporting fee is included in the portfolio management fee. Changes to the
service and reporting fees are subject to 30 days written notice.
F. Complex Product Fees
In order to processes investment management fees on managed assets investing in complex products, the a
valuation must be assigned to the complex product. Due to the nature of an investment in an illiquid alternative
investment, there may be a delay in the issuance of the asset value by the third-party issuer or difficulty in
valuation. In such case, such securities which are not traded nor subject to last sale reporting shall be valued
at the latest available bid price reflected by quotations furnished to IFSA by such sources as it may deem
appropriate. Any other security shall be valued in such manner as shall be determined in good faith by IFSA to
reflect its fair market value.
Investment management fees for complex products will be billed upon the terms of the memorialized contract.
The contract may call for billing of fees from the complex product held directly in your account with IFSA, similar
to the standard billing process for publically traded equity. The investment management fee may be assessed
for the complex product held outside of your account with IFSA, such as with the transfer agent or the issuer of
the complex product. In the case that an investment management fee is paid to IFSA for a complex product held
outside of your account with IFSA, your agreed upon investment management fee for the complex product may
be deducted from your account with IFSA.
Complex products also charge fees separate and apart from our investment management fees. These fees
are typically higher than fees charged by investment companies registered under the investment company act.
Example fees are included but not limited to issuer management fees, distribution fees, etc. Common fees also
exit for operations and organization which may include acquisition costs, finance costs, development costs, etc.
These fees are specific to each product and you should be aware of these fees.