A. Description of the Advisory Firm
Mission Prime LLC (hereinafter “MPL”) is a Limited Liability Company. The firm was
formed in November 2021, and the principal owner is Dmitri Zapolskikh.
B. Types of Advisory Services
Portfolio Management Services
MPL offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. MPL creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a
portfolio that matches each client's specific situation. Portfolio management services
include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
MPL evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. Risk tolerance levels are documented in the Investment Policy
Statement, which is given to each client.
MPL seeks to provide that investment decisions are made in accordance with the fiduciary
duties owed to its accounts and without consideration of MPL’s economic, investment or
other financial interests. To meet its fiduciary obligations, MPL attempts to avoid, among
other things, investment or trading practices that systematically advantage or
disadvantage certain client portfolios, and accordingly, MPL’s policy is to seek fair and
equitable allocation of investment opportunities/transactions among its clients to avoid
favoring one client over another over time. It is MPL’s policy to allocate investment
opportunities and transactions it identifies as being appropriate and prudent, including
initial public offerings ("IPOs") and other investment opportunities that might have a
limited supply, among its clients on a fair and equitable basis over time.
MPL will direct clients to third-party investment advisers to manage all or a portion of
the client's assets. Before selecting other advisers for clients, MPL will always ensure those
other advisers are properly licensed or registered as an investment adviser. MPL conducts
due diligence on any third-party investment adviser, which may involve one or more of
the
following: phone calls, meetings and review of the third-party adviser's performance
and investment strategy. MPL then makes investments with a third-party investment
adviser by referring the client to the third-party adviser. These investments may be
allocated either through the third-party adviser's fund or through a separately managed
account managed by such third party adviser on behalf of MPL's client. MPL may also
allocate among one or more private equity funds or private equity fund advisers. MPL
will review the ongoing performance of the third-party adviser as a portion of the client's
portfolio.
Services Limited to Specific Types of Investments
MPL generally limits its investment advice to mutual funds, fixed income securities, real
estate funds (including REITs), insurance products including annuities, equities, hedge
funds, private equity funds, ETFs (including ETFs in the gold and precious metal sectors),
treasury inflation protected/inflation linked bonds, commodities, non-U.S. securities,
venture capital funds and private placements. MPL may use other securities as well to
help diversify a portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
MPL 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 MPL on behalf of the client. MPL may use model allocations together with a
specific set of recommendations for each client based on their personal restrictions, needs,
and targets. 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
MPL from properly servicing the client account, or if the restrictions would require MPL
to deviate from its standard suite of services, MPL reserves the right to end the
relationship.
D. Wrap Fee Programs
A wrap fee program is an investment program where the investor pays one stated fee that
includes management fees and transaction costs. MPL does not participate in wrap fee
programs.
E. Assets Under Management
MPL has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$ 0.00 $ 2,121,342,058.00 December 2023