Introduction
MyWallSt Advisory, LLC is a digital financial services company offering advisory services to retail clients.
The Firm is a Delaware limited liability company formed in November 2020, wholly-owned by MyWallSt
Ltd., an entity based in Dublin, Ireland.
Services
The Firm offers both limited advisory and financial planning/consulting services to retail customers
primarily through our web or mobile platform.
Mbark Advisory
We strongly believe the most effective way to create wealth is through the long-term ownership
of stocks. The primary focus of the MyWallSt Advisory program is to help you learn healthy
financial habits and to reduce the barriers of entry to stock ownership.
The Firm offers non-discretionary investment advisory services through our web or mobile
platform by conducting regular retroactive quarterly reviews of your account. Because we have
no discretionary authority over your account(s), you make the ultimate decision regarding the
purchase or sale of investments. The program is limited to individual retail investors using our
web or mobile platform.
We assess your present level of financial risk tolerance based upon your needs, goals and
objectives you provide. Our investment advisor representatives will review the self-directed
trading activity in your account quarterly and compare to your profile to provide retroactive
advice on the consistency of trading in the account with your stated objectives. Other than
providing these reviews, we do not tailor our services to your individual financial circumstances.
The accuracy of your risk profile selection will affect the review accuracy. If your risk profile
changes, you need to update your risk profile by contacting us at
[email protected].
The securities available are a limited universe of publicly-traded stocks and Exchange Traded
Funds (“ETFs”) which is subject to change, as determined by the fully disclosed clearing firm
DriveWealth. All users have access to the same universe of securities.
Our advisory platform provides you access to the MyWallSt Ltd. educational content (referred to
in this brochure as “Education”). Any information provided by the parent company My WallSt
Ltd. is for informational and general educational purposes only and is not investment or
financial advice. Any graphs, charts and other visual aids that are provided are for informational
purposes only, not to be used to make investment decisions. Certain hypothetical scenarios that
are described in the Educational App or in our marketing materials are for illustrative purposes
only and the securities described are not actual securities held by client accounts. Inclusion of
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such scenarios is not intended as a recommendation to purchase or sell any security and
performance of these scenarios does not indicate actual
results.
4ward Financial Planning and Consulting Services
The Firm offers financial planning and consulting services to both prospective and existing U.S.
clients only. The financial areas of consideration for these services may include some or all of,
and are not limited to: cash flow, asset protection and risk, income
tax strategies, retirement,
education funding, investments, legacy and/or estate planning. The extent to which Client
engages in financial planning and consulting services depends on Client’s specific financial
situation and goals that Client provides to the Firm.
The decision to implement any recommendation rests exclusively with you, and you have no
obligation to implement any such recommendations through us. You select your broker-
dealer/custodian account(s). The Firm or the client may terminate our financial planning and
consulting services as described in the agreement. Investment programs involve risk and there is
no guarantee that utilizing the financial planning and consulting services of the Firm will produce
favorable results.
Broker Dealer Election
For the Mbark Advisory program, we have established a relationship with an independent custodian,
DriveWealth, LLC, an SEC registered broker-dealer and FINRA member (the “Broker” or “Custodian”).
You must open a brokerage account with the Broker who maintains custody of your assets. The Broker
also provides execution, clearing, and settlement services for your account. All account opening
functionalities, including identity verification and approval, are handled digitally by Broker. Only
individuals will be permitted to establish accounts with the Broker, which shall be in their own name.
You will be required to complete all applicable Broker forms and agreements, including a limited power
of attorney, if required, which authorizes the Broker to deduct our fees from your accounts pursuant to
your agreements with us. The Broker reserves the right to reject any account application for any reason
whatsoever.
The Broker provides all brokerage services to you, including executing securities purchase and sell
orders you enter through our web or mobile platform or pursuant to your request. The Broker may add
or remove any security from the Approved Securities List. If a security is removed from the Approved
Securities List, the Broker will limit transactions in that particular security to the liquidation of positions
only.
You pay all brokerage and transaction costs for the securities you purchase with the Broker.
Program Limitations
We do not provide comprehensive financial planning services and the investment advisory services
provided through our MyWallSt Advisory are not a complete investment program. We are not aware of
your aggregate investable and invested assets. We encourage you to consider additional asset classes,
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strategies and investments to supplement your overall investment plan. You should not use MyWallSt
Advisory as the sole component of your investment program.
Clients are fully responsible for determining when or if to trade.
Our Mbark Advisory program only offers publicly traded equity and exchange traded fund ETF securities.
You may sell your securities or transfer your securities to another account at any time. Please note,
however, that fractional shares are not transferable. Fractional shares must be liquidated prior to
transferring your account. You may also withdraw available cash out of your brokerage account at any
time.