Apricus Wealth is a registered investment adviser based in Beaufort, South Carolina. We are organized as a
limited liability company under the laws of the State of Pennsylvania. Joseph J. Costigan is our firm's principal
owner and chief compliance officer. Apricus Wealth became a registered investment adviser on February 5,
2020.
Description of Services
We offer discretionary investment management services. Our investment advice is tailored to meet our clients'
needs and investment objectives. If you retain our firm for portfolio management services, we will meet with
you to determine your investment objectives, risk tolerance, and other relevant information at the beginning
of our advisory relationship. We will use the information we gather to develop a strategy that enables our firm
to give you ongoing and focused investment advice and/or to make investments on your behalf. Once we
construct an investment portfolio for you, we will monitor your portfolio's performance and will rebalance the
portfolio as required by changes in market conditions and your financial circumstances.
Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a
power of attorney, or trading authorization forms. Discretionary authorization will allow our firm to determine
the specific securities, and the amount of securities, to be purchased or sold for your account without your
approval prior to each transaction. You may limit our discretionary authority (for example, limiting the types of
securities that can be purchased for your account) by providing our firm with your restrictions and guidelines
in writing. We do have limited authority to direct the Custodian to deduct our investment advisory fees from
your accounts, but only with the appropriate written authorization from you.
Where appropriate, we provide advice about any type of legacy position held in client portfolios. Typically,
these are assets that are ineligible to be custodied at our primary custodian. Clients will engage us to advise on
certain investment products that are not maintained at their primary custodian, such as annuity contracts and
assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans).
You are advised and are expected to understand that our past performance is not a guarantee of future results.
Certain market and economic risks exist that adversely affect an account’s performance. This could result in
capital losses in your account.
Financial Planning
We offer financial planning services but do not charge separately for this service. Our financial planning services
may be general in nature or focused on particular areas of interest or request, depending on each client's
unique circumstances and goals. Financial planning advice is offered
in the areas of goal setting, cash flow and
debt management, retirement planning, investment planning, college education funding, tax planning, and
estate planning as applicable. We offer such services as requested by the client and the client is responsible for
implementing, accepting, or rejecting any plans we may present. We do not serve as an attorney, accountant,
or insurance agent and no portion of our services should be construed as the same.
To the extent requested by a client, we may recommend the services of other professionals for certain non-
investment implementation purposes. You are under no obligation to engage the services of any such
recommended professional. The client retains absolute discretion over all such implementation decisions and
is free to accept or reject any recommendation that we make. Please note: If the client engages any unaffiliated
recommended professional, and a dispute arises thereafter relative to such engagement, the client agrees to
resolve the dispute directly with the engaged professional.
Types of Investments
In general, we offer advice on equity securities, ETFs, corporate debt securities, commercial paper, certificates
of deposit, municipal securities, mutual funds, U.S. Government securities, interests in partnerships investing
in real estate and oil and gas interests, and other investments. You may request that we refrain from investing
in particular securities or certain types of securities. You must provide these restrictions to our firm in writing.
Client Obligation
As we act on your behalf, offer our services, and communicate and adjust recommendations to you, Apricus
Wealth will use information received from you, your other advisors, and your designees. You are directing
Apricus Wealth, LLC to rely on this information and understand that we are not responsible for verifying it.
Please keep us updated in writing about all changes to your financial situation, investment objectives, or goals
so we may promptly make adjustments. We also ask that you keep us updated on your addresses, phone
numbers, email addresses, and any other information that will help us serve you.
Tailoring Services
The Firm employs a specific strategy with respect to the management of assets. The Firm believes that this
strategy is uniquely tailored to meet the needs of the clients that it will serve. Additionally, clients may impose
restrictions on the Firm’s investment in certain securities or types of securities, and these restrictions will be
set forth in the client’s investment policy statement.
Wrap Fee Programs
The Firm does not participate in wrap fee programs.
Assets Under Management
As of December 31, 2023, the Firm has $227,069,595 in regulatory assets under management. All of the Firm’s
assets under management will be managed on a discretionary basis.