WallStreeti.com, LLC (“WSI”) is incorporated in the state of New York. WSI has been
approved for registration as a mid-sized advisory firm with the SEC. WSI is solely owned
by George Antonopoulos and is also WSI’s CCO. In addition, WSI has contracted out
with LSCG, Inc., and before that with L&S Consulting Group, Inc. to assist the firm with
all its regulatory compliance obligations.
As described below, WSI offers to its clients (high net individuals) non-discretionary
investment management services.
INVESTMENT MANAGEMENT SERVICES
Clients can engage WSI to design an investment portfolio and provide ongoing
corresponding investment management services on a fee-only basis. In the event the
client determines to implement investment recommendations through WSI on a fee-
only basis, WSI shall charge an annual investment management fee based upon a
percentage of the market value of the assets being managed by WSI. The investment
management fee charged shall vary (between 1.50% and 2.00%) depending upon the
market value of assets under management and the type of assets under management:
Market Value of Portfolio % of Assets
Up to $3,000,000 2.00%
$3,000,001 + 1.50%
WSI generally requires an account minimum of $500,000.00 for investment management
services. WSI’s annual investment management fee shall be pro-rated and paid monthly,
in arrears, based upon the market value of the assets on the last business day of the
previous month. However, WSI, in its sole discretion, may require a lesser account
minimum or charge a lesser investment management fee based upon certain criteria (i.e.,
anticipated future earning capacity, anticipated future additional assets, dollar amount
of assets to be managed, related accounts, account composition, negotiations with client,
etc.).
Currently, WSI recommends that certain clients allocate investment assets among mutual
funds and/or independent manager programs offered by and/or obtained through
Interactive Brokers.
Prior to engaging WSI to provide investment management services, the client will be
required to enter into a formal Investment Advisory Agreement with WSI setting forth
the terms and conditions under which WSI shall manage the client's assets. WSI’s
agreement shall authorize the custodian of the client’s account to debit the account for
the amount of the WSI’s investment management fee and to directly remit that
management fee to WSI in accordance with the firm’s procedures. To implement that
procedure, the client will provide written authorization permitting the advisory fees be
deducted from their account held at the custodian. The custodian will send, at least
quarterly, to client a statement reflecting the fee paid to WSI.
WSI may allocate investment management assets of its client accounts among various
investments on a non-discretionary basis, in accordance with the investment objective of
the client. The terms and conditions under which the client shall engage WSI shall be set
forth in separate written agreements between the client and WSI. WSI maintains ongoing
responsibility to select or make recommendations, based upon the needs of the client, as
to the specific securities or other investments the account may purchase or sell.
Please Note: It remains the client’s responsibility to promptly notify WSI if there is ever
any change in his/her/its financial situation or investment objectives for the purpose of
reviewing/evaluating/revising WSI’s previous recommendations and/or services.
DISCLOSURE STATEMENT
A copy of WSI’s written Brochure as set forth in this Part 2A of Form ADV shall be
provided to each client prior to, or contemporaneously with, the execution of the
Investment Management Agreement. Any client who has not received a copy of WSI’s
written Brochure at least 48 hours prior to executing the Investment Management
Agreement shall have five (5) business days subsequent to executing the agreement to
terminate WSI’s services without penalty.
Neither WSI nor the client may assign the Investment Advisory Agreement without the
prior consent of the other party. Transactions that do not result in a change of actual
control or management of WSI shall not be considered an assignment.
WSI shall provide investment advisory services specific to the needs of each client. Prior
to providing investment advisory services, an investment adviser representative will
ascertain each client’s investment objective(s). Thereafter, WSI shall allocate and/or
recommend that the client allocate investment assets consistent with the designated
investment objective(s). The client may, at any time, impose reasonable restrictions, in
writing, on WSI’s services.
WSI does not participate in a wrap fee program.
As of December 31, 2023, WSI had $71,909,314 in assets under management on a non-
discretionary basis.