A. Description of the Advisory Firm
B. Types of Advisory Services
Upon review of an investor's financial status, FCG may propose that the investor
include, as part of his or her financial portfolio, one or more types of products
that are not part of the investment advisory services provided by FCG, such as
insurance products. If the investor chooses to include such a product in his or her
financial portfolio, the company recommends that the investor work closely with
his or her attorney, accountant, insurance agent and other related professionals.
Incorporation of the non-advisory financial product into the investor's financial
plan is entirely at the client's discretion.
For insurance products, the company provides access to a platform providing insurance
products by RetireOne, Inc. (“RetireOne”). The investor is under no obligation to use
RetireOne's service and may seek insurance advice from any licensed agent. The
insurance products and fee structures available from RetireOne may differ from those
available from other third-party insurance agents. FCG recommends that the investor
fully evaluate products and fee structures to determine which arrangements are most
favorable to the investor prior to making an investment decision.
FCG will tailor a program for each individual client. This will include an interview session
to get to know the client’s specific needs and requirements as well as a plan that will be
executed by FCG on behalf of the client. FCG may use model allocations together with a
specific set of recommendations for each client based on their personal restrictions,
financial statements, needs, goals and risk tolerances. Clients may impose restrictions in
investing in certain securities or types of securities in accordance with their values or
beliefs. However, if the restrictions prevent FCG from properly servicing the client
account, or if the restrictions would require FCG to deviate from its standard suite of
services, FCG reserves the right to end the relationship.
FCG
does not have a Wrap Fee Program.
FCG has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$117,264,122 $1,769,687 December 31, 2023
E. Assets Under Management
C. Client Tailored Services and Client Imposed Restrictions
D. Wrap Fee Programs
Portfolio Management Fees
The table below represents the maximum fee schedule for FCG. These fees are negotiable
depending upon the needs of the client and complexity of the situation, and the final fee
schedule is attached to the Investment Advisory Agreement as Exhibit II. Clients may
terminate the agreement without penalty for a full refund of FCG's fees within five
business days of signing the Investment Advisory Agreement. Thereafter, clients may
terminate the Investment Advisory Contract generally with 5 days' written notice.
Total Assets Under Management Maximum Annual Fees
$0 - $250,000 1.35%
$250,001 - $500,000 1.15%
$500,001 - $1,000,000 0.95%
$1,000,001 - $2,000,000 0.90%
$2,000,001 - $3,000,000 0.80%
$3,000,001 - $4,000,000 0.75%
$4,000,001 - $5,000,000 0.60%
Greater than $5,000,000 Negotiable
Advisory fee calculations will be based on the platform used, with accounts using
American Funds to be calculated using daily average balance. For other platforms, the
advisory fee is calculated using the fair market value of the assets in the Account on the
last business day of the prior billing period as calculated by the custodian.
Financial Planning Fees
The negotiated fixed rate for creating client financial plans is between $1,250 and $5,000.
Clients may terminate the agreement without penalty, for full refund of FCG’s fees, within
five business days of signing the Financial Planning Agreement. Thereafter, clients may
terminate the Financial Planning Agreement generally upon written notice.
Payment of Portfolio Management Fees
Asset-based portfolio management fees are withdrawn directly from the client's accounts