General Information UNest Advisers, LLC (“we,” “us,” “our” or “UNest”) is a digital investing platform and mobile application designed to make saving for minors accessible, intuitive and simple. UNest offers the UNest Wrap Fee Program (the “Program”) to clients (“you,” “your,” or “clients”). UNest is an investment adviser registered with the U.S. Securities and Exchange Commission (the “SEC”), a limited liability company incorporated under the laws of the State of Delaware in June 2020 and maintains its principal office at5161 Lankershim Blvd, Suite 250, North Hollywood, CA 91601. If you have any questions regarding the material contained herein, please contact UNest via email at [email protected]or via telephone at (818) 275-0041.
Services UNest operates in the FinTech Industry and provides children’s investment accounts and college savings management services to clients in the United States through their UNest mobile application. Through our application, we offer investment services specifically designed for the financial needs of a minor through a tax-advantaged vehicle called a UTMA/UGMA custodial account, as well as through individual brokerage accounts.
UTMA/UGMA investment accounts will be invested in diversified portfolios of exchange-traded funds (“ETFs”), a type of fund that owns underlying assets and divides ownership of those assets into shares to minimize investment risk. In addition, the investments will generally be implemented through the target-date funds, with allocations changing from more opportunistic (while children are young and the time horizon is long) to more conservative (when children approach enrollment date and the time horizon is short) to ensure the safety of investments close to the withdrawal date; age-based funds will start with a higher allocation of equity ETFs, which gradually shift towards a higher allocation of cash and fixed income ETFs over time. While the foregoing is reflective of UNest’s general guidelines regarding investment selection, periods of market volatility may necessitate that UNest adjusts such guidelines.
Fees All UNest accounts will be charged a membership fee (i.e., service fee) for the personal use of the UNest mobile application. Customers who have completed signup for an investment account (a UNest Core Account) and access to the UNest platform will be charged $4.99 a month, or may elect an annual membership for $39.99. Fees are non-negotiable. The membership fee, which is charged by UNest Holdings, Inc., an affiliate of UNest Advisers

LLC, covers our investment advisory services in addition to other non-investment advisory-related services. The membership fee includes all fees covering your participation in the Program, including fees for advisory services, execution (except for incidental costs such as wire transfer fees or bank charges imposed by your banking institution or fees charged by our clearing broker), and account reporting in addition to other features and services provided on the UNest platform through affiliated entities.
A client generally pays this fee through their phone’s App Store, however, it can be deducted from the client’s investment account if there is no ability to pay the fee through their phone’s App Store, if there is no identified alternate funding source, or if there is an insufficient balance in the identified funding source. Should you wish to cancel your membership, you must do so via your phone’s App Store. The fee schedule is as follows: TypeNumber of Accounts Access to Other Features and Affiliated Services Fee UNest Core Membership Fee Unlimited Accounts Access to all platform features, content, and affiliated services Yes $4.99 per month or $39.99 per year UNest is structured to favor frequent investing. The fee structure may not be suitable for individuals with small accounts or individuals looking to make few or infrequent small-dollar investments.
The membership fee is charged monthly or annually depending on your choice. UNest reserves the right, with 30 days’ notice to its clients, to adjust the monthly and/or annual membership fees should the fee amount prove uneconomical in any way that could negatively impact UNest’s business. UNest absorbs transaction costs as part of the servicing. Clients might find that the advisory and other services that comprise the UNest experience may exceed the costs of similar services when purchased separately.
The investment vehicles offered by UNest have fees that are separate and distinct from the fees paid to UNest for its Program. These fees include, but are not limited to, service fees, ETF fees, and other operating expenses on a fund. The prospectus, a legal document required by and filed with the SEC that provides details about the investment offers for each investment vehicle, will detail the fees and charges assessed by the managers of those products. UNest reserves the right to reduce or waive any fees associated with the advisory services at its sole discretion. In addition, UNest also reserves the right to implement additional fees for products and services that are not yet available or mentioned in this brochure.