Description of Firm
Unique Wealth, LLC is a registered investment adviser based in Clearwater, FL. We are
organized as a limited liability company ("LLC") under the laws of the State of Delaware. We
have been providing investment advisory services since March 2021. We are primarily owned
by Uniquely Together Forever, LLC and JJLM 2021, LLC.
The following paragraphs describe our services and fees. Refer to the description of each
investment advisory service listed below for information on how we tailor our advisory services
to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to
Unique Wealth, LLC and the words "you," "your," and "client" refer to you as either a client or
prospective client of our firm.
Portfolio Management Services
We offer discretionary portfolio management services. Our investment advice is tailored to
meet our clients' needs and investment objectives.
If you participate in our discretionary portfolio management services, we require you to grant
us discretionary authority to manage your account. Subject to a grant of discretionary
authorization, we have the authority and responsibility to formulate investment strategies on
your behalf. Discretionary authorization will allow us to determine the specific securities, and
the amount of securities, to be purchased or sold for your account without obtaining your
approval prior to each transaction.
Discretionary authority is typically granted by the investment advisory agreement you sign with
our firm and the appropriate trading authorization forms.
You may limit our discretionary authority (for example, limiting the types of securities that
can be purchased or sold for your account) by providing our firm with your restrictions
and guidelines in writing.
We may also offer non-discretionary portfolio management services where requested as an
accommodation to our clients. If you enter into non-discretionary arrangements with our firm, we
must obtain your approval prior to executing any transactions on behalf of your account. You
have an unrestricted right to decline to implement any advice provided by our firm on a non-
discretionary basis.
As part of our portfolio management services, we may use one or more sub-advisers to manage
a portion of your account on a discretionary basis. The sub-adviser(s) may use one or more of
their model portfolios to manage your account. We will regularly monitor the performance of
your accounts managed by sub-adviser(s) and may hire and fire any sub-adviser without your
prior approval. We may pay a portion of our advisory fee to the sub-adviser(s) we use; however,
you will not pay our firm a higher advisory fee as a result of any sub-advisory relationships.
Financial Planning & Consulting Services
We offer financial planning services which typically involve providing a variety of advisory
services to clients regarding the management of their financial resources based upon an analysis
of their individual needs. These services can range from broad-based financial planning to
consultative or single-subject planning. If you retain our firm for financial planning services, we
will meet with you to gather information about your financial circumstances and objectives. We
may also use financial planning software to determine your current financial position and to
define and quantify your long-term goals and objectives. Once we specify those long-term
objectives (both financial and non-financial), we will develop shorter-term, targeted objectives.
Once we review and analyze the information you provide to our firm and the data derived from
our financial planning software, we will deliver a written plan to you, designed to help you achieve
your stated financial goals and objectives.
Financial plans are based on your financial situation at the time we present the plan to you, and
on the financial information you provide to us. You must promptly notify our firm if your financial
situation, goals, objectives, or needs change.
You are under no obligation to act on our financial planning recommendations. Should you
choose to act on any of our recommendations, you are not obligated to implement the financial
plan through any of our other investment advisory services. Moreover, you may act on our
recommendations by placing securities transactions with any brokerage firm.
Selection of Other Advisers
We may recommend that you use the services of a third-party money manager ("TPMM") to
manage all, or a portion of, your investment portfolio. After gathering information about your
financial situation and objectives, we may recommend that you engage a specific TPMM or
investment program. Factors that we take into consideration when making our
recommendation(s) include, but are not limited to, the following: the TPMM's performance,
methods of analysis, fees, your financial needs, investment goals, risk tolerance, and
investment objectives. We will monitor the TPMM(s)' performance to ensure its management
and investment style remains aligned with your investment goals and objectives.
The TPMM(s) will actively manage your portfolio and will assume discretionary investment
authority over your account. We will assume discretionary authority to hire and fire TPMM(s)
and/or reallocate your assets to other TPMM(s) where we deem such action appropriate.
Dynasty Network
We have entered into a contractual relationship with Dynasty Financial Partners, LLC
("Dynasty"), which provides us with operational and back office support including access to a
network of service providers. Through the Dynasty network of service providers, we may
receive preferred pricing on trading technology, reporting, custody, brokerage, compliance and
other related services. Dynasty charges a "Platform Fee," which is included as part of your
annual investment management fee, as described in Item 5 below. In addition, Dynasty's
subsidiary, Dynasty Wealth Management, LLC ("DWM") is an SEC registered investment
adviser, that provides access to a range of investment services including: separately managed
accounts ("SMA"), mutual fund and ETF asset allocation strategies, and unified managed
accounts ("UMA") managed by external third party managers (collectively, the "Investment
Programs"). We may separately engage the services of Dynasty and/or its subsidiaries to
access the Investment Programs. Under the SMA and UMA programs, we will maintain the
ability to select the specific, underlying third party managers that will, in turn, have day-to- day
discretionary trading authority over the requisite client assets.
DWM sponsors an investment management platform (the "Platform" or the "TAMP") that is
available to the advisers in the Dynasty Network, such as us. Through the Platform, DWM and
Dynasty collectively provides certain technology, administrative, operations and advisory
support services
that allow us to manage our own client portfolios and access independent
third-party managers that provide discretionary services in the form of traditional managed
accounts and investment models. We can allocate all or a portion of your assets among the
different independent third-party managers via the Platform. We may also use the model
management feature of the TAMP by creating our own asset allocation model and underlying
investments that comprise the model. Through the model management feature, we may be
able to outsource the implementation of trade orders and periodic rebalancing of the model
when needed.
We will maintain the direct contractual relationship with you and obtain, through such
agreements, the authority to engage independent third-party managers, DWM and/or
Dynasty, as applicable, for services rendered through the Platform in service to you. We may
delegate discretionary trading authority to DWM and/or independent third-party managers to
effect investment and reinvestment of client assets with the ability to buy, sell or otherwise
effect investment transactions and allocate client assets. If you are participating in certain
Investment Programs, DWM or the designated manager, as applicable, is also authorized
without prior consultation with either us or you to buy, sell, trade or allocate your assets in
accordance with your designated portfolio and to deliver instructions to the designated broker-
dealer and/or custodian of your assets.
Types of Investments
We offer advice on equity securities, corporate debt securities (other than commercial paper),
commercial paper, certificates of deposit, municipal securities, mutual fund shares, United
States government securities, money market funds, REITs, ETFs, and digital assets.
Additionally, we may advise you on various types of investments based on your stated goals
and objectives. We may also provide advice on any type of investment held in your portfolio at
the inception of our advisory relationship.
Since our investment strategies and advice are based on each client's specific financial
situation, the investment advice we provide to you may be different or conflicting with the
advice we give to other clients regarding the same security or investment.
Assets Held Away From Our Firm
We may leverage an Order Management System through Pontera to implement investment
selection and rebalancing strategies on behalf of the client in held away accounts (i.e., accounts
not directly held with our recommended custodian). These are primarily 401(k) accounts,
HSAs, 403bs, 529 education savings plans, 457 plans, profit sharing plans, and other assets
not custodied with our recommended custodian. We regularly review the available investment
options in these accounts, monitor them, and rebalance and implement our strategies in the
same way we do other accounts, though using different tools as necessary. There may be a
difference in the performance of our strategies of an account using Pontera in comparison to
accounts held at our recommended custodian.
Retirement Plan Services:
Advisor may provide participant education and support to Plan participants enrolled in or
enrolling in the Plan.
In providing Retirement Plan Services, Unique Wealth, LLC and its IARs may establish a client
relationship with one or more Plan participants or beneficiaries. Such client relationships
develop in various ways, including, without limitation:
• as a result of a decision by the Plan participant or beneficiary to purchase services from
Unique Wealth, LLC not involving the use of Plan assets;
• as part of an individual or family financial plan for which any specific
recommendations concerning the allocation of assets or investment
recommendations relating to assets held outside of the Plan; or
• through a rollover of an Individual Retirement Account ("IRA Rollover").
If Unique Wealth, LLC is providing Retirement Plan Services to a plan, IARs may, when
requested by a Plan participant or beneficiary, arrange to provide services to that participant or
beneficiary through a separate agreement. If a Plan participant or beneficiary desires to affect
an IRA Rollover from the Plan to an account advised or managed by Unique Wealth, LLC, IAR
will have a conflict of interest if his/her fees are reasonably expected to be higher than those
paid to Unique Wealth, LLC in connection with the Retirement Plan Services. IAR will disclose
relevant information about the applicable fees charged by Unique Wealth, LLC prior to opening
an IRA account. Any decision to affect the rollover or about what to do with the rollover assets
remain that of the Plan participant or beneficiary alone. In providing these optional services, we
may offer employers' and employees' information on other financial and retirement products or
services offered by Unique Wealth, LLC and our IARs.
IRA Rollover Recommendations
Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field
Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's
Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are
providing the following acknowledgment to you. When we provide investment advice to you
regarding your retirement plan account or individual retirement account, we are fiduciaries
within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal
Revenue Code, as applicable, which are laws governing retirement accounts. The way we
make money creates some conflicts with your interests, so we operate under a special rule that
requires us to act in your best interest and not put our interest ahead of yours. Under this
special rule's provisions, we must:
• Meet a professional standard of care when making investment recommendations (give
prudent advice);
• Never put our financial interests ahead of yours when making recommendations
(give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in
your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
We benefit financially from the rollover of your assets from a retirement account to an account
that we manage or provide investment advice, because the assets increase our assets under
management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover
when we believe it is in your best interest.
Assets Under Management
As of December 31, 2023, we provide continuous management services for $626,488,465 in
client assets on a discretionary basis, and $0 in client assets on a non-discretionary basis.