A. FIRM DESCRIPTION
Booster, LLC (“BST” or the “Firm”) is a SEC registered investment advisor. BST was founded in April
2021. The Principal Owner and Chief Compliance Officer of BST is Mary Carol Ceselsky-Grunder.
Mary Ceselsky-Grunder also serves as an investment adviser representative of BST.
B. TYPES OF ADVISORY SERVICES
The Firm offers a large variety of services, including portfolio management, financial planning for
individuals and small businesses, pension consulting services, and educational seminars and workshops.
No additional fee is required for the educational seminars and workshops as these services are included as
part of the 401K planning fee.
BST generally limits its investment advice to exchange traded equity securities, securities issued by
registered investment companies or business development companies, bonds, and securities issued by
pooled investment vehicles. BST may use other securities to help diversify a portfolio when applicable.
INVESTMENT ADVISORY SERVICES
BST specializes in quantitative, fundamental, technical, and economic analysis to determine what
investments are in favor of BST’s investment models. BST assesses clients’ current holdings and ensures
alignment with both short- and long-term goals. The Firm performs ongoing reviews of investment
performance and portfolio exposure to market conditions. Accordingly, the Firm is authorized to perform
various functions without further approval from the client, such as the determination of securities to be
purchased or sold without prior permission from the client for each transaction. Any and all trades are
made in the best interest of the client as part of BST’s fiduciary duty. However, risk is inherent to any
investing strategy and model. Therefore, BST does not guarantee any results or returns.
Prior to engaging BST to provide any investment advisory services, BST requires a written financial
service agreement (“FSA”) signed by the client prior to the engagement of any services. The FSA will
outline services to which the client is entitled and fees the client will incur.
BST is an asset-based fee investment management firm. The firm does not receive commissions for
purchasing or selling stocks, bonds, mutual funds, real estate investment trusts, or other commissioned
products for clients. The firm is not affiliated with entities that sell financial products or securities. No
commissions in any form are accepted.
BST does not act as a custodian of client assets. The client always maintains asset control. BST places
trades for clients under a limited power of attorney through qualified custodian/broker.
3RD PARTY MONEY MANAGERS
BST may select certain Independent Managers to actively manage a portion of its clients’ assets.
The
specific terms and conditions under which a client engages an Independent Manager may be set forth in a
separate written agreement with the designated Independent Manager. In addition to this brochure, clients
may also receive the written disclosure documents of the respective Independent Managers engaged to
manage their assets.
BST evaluates a variety of information about Independent Managers, which includes the Independent
Managers’ public disclosure documents, materials supplied by the Independent Managers themselves, and
other third-party analyses it believes are reputable. To the extent possible, the BST seeks to assess the
Independent Managers’ investment strategies, past performance, and risk results in relation to its clients’
individual portfolio allocations and risk exposure. BST also takes into consideration each Independent
Manager’s management style, returns, reputation, financial strength, reporting, pricing, and research
capabilities, among other factors.
BST continues to provide services relative to the discretionary or non-discretionary selection of the
Independent Managers. On an ongoing basis, the BST monitors the performance of those accounts being
managed by Independent Managers. BST seeks to ensure the Independent Managers’ strategies and target
allocations remain aligned with its clients’ investment objectives and overall best interests.
C. SERVICES TAILORED TO CLIENTS’ NEEDS
Services are provided based on a client’s specific needs within the scope of the services provided as
discussed above. BST is responsible for collecting and documenting information from each client and will
collect suitability information at the onset of the client relationship including, but not limited to, age,
annual income, total net worth, liquid net worth, employment status, fair market value of primary
residence, tax status, investment objectives and experience, investment time horizon, liquidity needs, risk
tolerance, and other investments held elsewhere. A review of the information provided by the client
regarding the client’s current financial situation, goals, and risk tolerances will be performed and advice
will be provided that is in line with available information. This means that client may impose restrictions
on investing in certain types of securities based on their profile. BST will make reasonable efforts to
document and annually update client suitability information.
D. WRAP FEE PROGRAM VERSUS PORTFOLIO MANAGEMENT PROGRAM
BST does not offer a Wrap Fee Program.
E. ASSETS UNDER MANAGEMENT
As of December 31, 2022 BST had assets under management of $162,568,429 on a non-discretionary
basis and $4,570,973 on a discretionary basis.