ADV Part 2A – Firm Brochure Page 5 Galliott Capital Advisors, LLC
Comprehensive Portfolio Management:
As part of our Comprehensive Portfolio Management service clients will be provided with asset
management and financial planning or consulting services. This service is designed to assist clients
in meeting their financial goals through the use of a financial plan or consultation. Our firm conducts
client meetings to understand their current financial situation, existing resources, financial goals, and
tolerance for risk. Based on what is learned, an investment approach is presented to the client,
consisting of individual stocks, bonds, ETFs, options, mutual funds and other public and private
securities or investments. Once the appropriate portfolio has been determined, portfolios are
continuously and regularly monitored, and if necessary, rebalanced based upon the client’s individual
needs, stated goals and objectives. Upon client request, our firm provides a summary of observations
and recommendations for the planning or consulting aspects of this service.
Our firm utilizes the sub-advisory services of a third-party investment advisory firm or individual
advisor to aid in the implementation of an investment portfolio designed by our firm. Before selecting
a firm or individual, our firm will ensure that the chosen party is properly licensed or registered. Our
firm will not offer advice on any specific securities or other investments in connection with this service.
We will provide initial due diligence on third party money managers and ongoing reviews of their
management of client accounts. In order to assist in the selection of a third-party money manager, our
firm will gather client information pertaining to the financial situation, investment objectives, and
reasonable restrictions to be imposed upon the management of the account.
Our firm will periodically review third party money manager reports provided to the client at least
annually. Our firm will contact clients from time to time in order to review their financial situation
and objectives; communicate information to third party money managers as warranted; and assist
the client in understanding and evaluating the services provided by the third party money manager.
Clients will be expected to notify our firm of any changes in their financial situation, investment
objectives, or account restrictions that could affect their financial standing.
Financial Planning & Consulting:
Our firm provides a variety of standalone financial planning and consulting services to clients for the
management of financial resources based upon an analysis of current situation, goals, and objectives.
Financial planning services will typically involve preparing a financial plan or rendering a financial
consultation for clients based on the client’s financial goals and objectives. This planning or
consulting may encompass Investment Planning, Retirement Planning, Estate Planning, Charitable
Planning, Education Planning, Corporate and Personal Tax Planning, Cost Segregation Study,
Corporate Structure, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of
Credit Evaluation, or Business and Personal Financial Planning. These services may include assisting
clients in engaging in illiquid or alternative investments.
Written financial plans or financial consultations rendered to clients usually include general
recommendations for a course of activity or specific actions to be taken by the clients.
Implementation of the recommendations will be at the discretion of the client. Our firm
provides clients with a summary of their financial situation, and observations for financial
planning engagements. Financial consultations are not typically accompanied by a written
summary of observations and recommendations, as the process is less formal than the
planning service. Assuming that all the information and documents requested from the client
ADV Part 2A – Firm Brochure Page 6 Galliott Capital Advisors, LLC
are provided promptly, plans or consultations are typically completed within 6 months of
the client signing a contract with our firm.
Institutional Consulting:
Our firm provides Institutional Consulting to institutional clients including corporations, pensions,
endowments, unions, and other institutional clients. Institutional consulting will typically involve
rendering a consultation for clients based on the client’s financial goals and objectives. It may also
include investment management services. Consulting consists of assisting Entity with monitoring and
reviewing their investment goals and investment policy statement. As the needs of the Entity dictates,
areas of advising include:
• Market overview addressing the major markets, indices, sectors and the economic statistics
that are affecting them.
• An in-depth portfolio summary, including fund and benchmark returns, style analysis and
overall portfolio return.
• A detailed examination of each fund within the Account, including performance numbers
versus the category and index, manager style drift, risk/return, standard deviation, Sharpe
ratio, upside and downside capture and fund allocation. This Agreement does not guarantee
the future performance or results of any investment option recommended or reviewed.
We will conduct strategic planning sessions to review current performance reports and establish
future objectives and strategies for the Account. In performing the foregoing services, our firm
acknowledges that it will be acting as a fiduciary to the Entity pursuant to the Investment Advisors
Act of 1940.
Retirement Plan Consulting:
Our firm provides retirement plan consulting services to employer plan sponsors on an ongoing
basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing,
monitoring and reviewing their company's participant-directed retirement plan. As the needs of the
plan sponsor dictate, areas of advising may include:
• Establishing an Investment Policy Statement – Our firm will assist in the development of a
statement that summarizes the investment goals and objectives along with the broad
strategies to be employed to meet the objectives.
• Investment Options – Our firm will work with the Plan Sponsor to evaluate existing
investment options and make recommendations for appropriate changes.
• Asset Allocation and Portfolio Construction – Our firm will develop strategic asset allocation
models to aid Participants in developing strategies to meet their investment objectives, time
horizon, financial situation and tolerance for risk.
• Investment Monitoring – Our firm will monitor the performance of the investments and notify
the client in the event of over/underperformance and in times of market volatility.
• Participant Education – Our firm will provide opportunities to educate plan participants
about their retirement plan offerings, different investment options, and general guidance on
allocation strategies.
In providing services for retirement plan consulting, our firm does not provide any advisory services
with respect to the following types of assets: employer securities, real estate (excluding real estate
funds and publicly traded REITS), participant loans, non-publicly traded securities or assets, other
ADV Part 2A – Firm Brochure Page 7 Galliott Capital Advisors, LLC
illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). All retirement
plan consulting services shall be in compliance with the applicable state laws regulating retirement
consulting services. This applies to client accounts that are retirement or other employee benefit
plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”). If the client accounts are part of a Plan, and our firm accepts appointment to provide
services to such accounts, our firm acknowledges its fiduciary standard within the meaning of Section
3(21) or 3(38) of ERISA as designated by the Retirement Plan Consulting Agreement with respect
to
the provision of services described therein.
Multi-Family Office Services:
Galliott is committed to delivering a true family office experience. Our financial professionals will be
there every step of the way for you and your loved ones and your generations to come. For a select
group, our firm provides comprehensive Multi-Family Office Services (“MFO”). Acting as the family’s
MFO, we monitor ongoing execution and integration of all wealth management activities, including
investment management, asset management, family management, family business, and a family’s
legal, accounting, and tax matters. As our firm does directly manage client investments, we also
provide oversight of third-party investment advisors and their activity. This service is designed to be
highly customizable and allow MFO families to select the services that are most suitable to their
situation. Personal MFO services generally encompass:
Family Wealth Management:
• Personalized Portfolio design
o Equity trading
o Bond trading
o Structured investments
• Lending consulting
• Legal & tax strategy interpretation & coordination
• Tax & income plan management
• Retirement plan design
• Wealth transfer plan design
• Charitable plan design
• Asset protection strategy & exposure monitoring
• Beneficiary education
• Investment policy development
• Asset allocation development
o Investment vehicle recommendation
o Investment manager recommendation & due diligence
o Investment oversight & performance monitoring
o Third Party Investment management fee negotiation
o Asset Consolidation reporting
• Private placements and other illiquid investments
o Due diligence on illiquid investments
• Insurance policy management
o Active policy management
o Solvency studies
• Direct investment analysis (real estate, business, acquisitions, etc.)
• Leverage management – financing negotiation
• Private Real Estate Investments
ADV Part 2A – Firm Brochure Page 8 Galliott Capital Advisors, LLC
Family Business Management
• Advisory Board Candidacy
• M&A Advisory
• Feasibility studies
• Company restructuring
• Bookkeeping
MFO Structure & Oversight
• Establish MFO structure duties & governance
• Assign internal family and external team member Org chart
• Coordination and oversight of all professional advisors
• Annual education & review meetings with all MFO members
• Cross-Border Structuring
• Trust management
Concierge Services
• Luxury Travel Assistance
• Auto purchase and negotiation
• Aircraft Leasing and Jet share consulting
• Maritime and Aircraft management
• Watercraft Leasing, purchase and negotiation
Our firm utilizes the sub-advisory services of a third-party investment advisory firm or individual
advisor to aid in the implementation of an investment portfolio designed by our firm. Before selecting
a firm or individual, our firm will ensure that the chosen party is properly licensed or registered. Our
firm will not offer advice on any specific securities or other investments in connection with this service.
We will provide initial due diligence on third party money managers and ongoing reviews of their
management of client accounts. In order to assist in the selection of a third-party money manager, our
firm will gather client information pertaining to the financial situation, investment objectives, and
reasonable restrictions to be imposed upon the management of the account.
Our firm will periodically review third party money manager reports provided to the client at least
annually. Our firm will contact clients from time to time in order to review their financial situation
and objectives; communicate information to third party money managers as warranted; and assist
the client in understanding and evaluating the services provided by the third-party money manager.
Clients will be expected to notify our firm of any changes in their financial situation, investment
objectives, or account restrictions that could affect their financial standing.
Management of Private Investment Vehicles
Galliot Capital is an advisor to five affiliated private investment vehicles. These vehicles are organized
in Cayman Islands and Delaware. The Interests in the vehicles have not been, and will not be,
registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state or
other securities laws, and are currently offered and sold for investment only to qualifying recipients
of an Offering Memorandum pursuant to an exemption from the registration requirements provided
by Regulation S under the Securities Act, and in compliance with any applicable state or other
securities laws. The Investment Vehicles are not registered as an investment company under the U.S.
Investment Company Act of 1940, as amended (the “Investment Company Act”).
.
ADV Part 2A – Firm Brochure Page 9 Galliott Capital Advisors, LLC
Tailoring of Advisory Services
Our firm offers individualized investment advice to our Asset Management and Comprehensive
Portfolio Management clients. General investment advice will be offered to our Institutional
Consulting and Retirement Plan Consulting and Referrals to Third Party Money Management clients.
Each Asset Management or Comprehensive Portfolio Management client has the opportunity to place
reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on
investments in certain securities or types of securities may not be possible due to the level of
difficulty this would entail in managing the account.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program.
Regulatory Assets Under Management
As of December 31, 2023, Galliott has approximately $118,220,000 in Regulatory Assets Under
Management of which $105,607,000 are Discretionary assets and $12,613,000 are Non-Discretionary
assets. In addition, Galliott has approximately $80,193,000 in Assets Under Advisement as of
December 31, 2023.
Compensation for Our Advisory Services
Asset Management:
The maximum annual fee charged for this service will not exceed 1.50%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the client. Annualized fees are billed on a pro-rata
basis quarterly in arrears based on the value of the account(s) on the time-weighted daily average of
the quarter. Fees are negotiable and will be deducted from client account(s). Adjustments will be
made for deposits and withdrawals during the quarter. On rare occasions our firm will offer direct
invoicing. As part of this process, Clients understand the following:
a) The client’s independent custodian sends statements at least quarterly showing the market
values for each security included in the Assets and all account disbursements, including the
amount of the advisory fees paid to our firm.
b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
firm will send an invoice directly to the custodian; and
c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
information provided in our statement with those from the qualified custodian will be
included.
The maximum annual fee charged to clients utilizing Third Party Managers will not exceed the
maximum fee published above for this service. Our firm will debit fees for this service as disclosed in
the executed advisory agreement between the client and our firm. This fee shall be in addition to any
fees assessed by the chosen third-party money manager. The third-party money managers we
recommend will not directly charge you a higher fee than they would have charged without us
introducing you to them. Third party money managers establish and maintain their own separate
billing processes over which we have no control. They will directly bill you and describe how this