A. Description of the Advisory Firm
Park Edge Advisors, LLC (hereinafter “Park Edge”) is a Limited Liability Company
organized in the State of Ohio. The firm was formed in January 2021, and the principal
owners are Lowrie Investments, LLC, Park Edge Group, LLC, RL&K Investments CLE
LLC, KAR Planning LLC, and Gordillo Capital, LLC.
B. Types of Advisory Services
Financial Planning
Financial plans and financial planning may include but are not limited to: investment
planning; life insurance needs analysis; tax concerns; retirement planning; college
planning; and estate planning.
Portfolio Management Services
Park Edge offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. Park Edge creates a financial
plan or other suitability documentation for each client, which outlines the client’s current
situation (income, financial goals, tax levels, timing and duration of cash
inflows/outflows, 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:
• Determine investment strategy • Asset selection
• Asset allocation • Regular portfolio risk management
• Assessment of risk tolerance
Park Edge evaluates the current investments of each client with respect to their risk
tolerance levels and time horizon. Park Edge will request discretionary authority from
clients in order to select securities and execute transactions without permission from the
client prior to each transaction. Risk tolerance levels are documented in the client’s
financial plan or other suitability documentation, which is given to each client.
Park Edge seeks to provide that investment decisions are made in accordance with the
fiduciary duties owed to its accounts. To meet its fiduciary obligations, Park Edge
attempts to avoid, among other things, investment or trading practices that systematically
advantage or disadvantage certain client portfolios, and accordingly, Park Edge’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 Park Edge’s policy to
allocate investment opportunities and transactions it identifies as being appropriate and
prudent, and other investment opportunities that might have a limited supply, among its
clients on a fair and equitable basis over time.
Park Edge may direct clients to third-party investment advisers to manage all or a portion
of the client's assets. Before selecting other advisers for clients, Park Edge will always
ensure those other advisers are properly licensed or registered as an investment adviser.
Park Edge 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 Park Edge’s client. In most cases, Park Edge will review
the ongoing performance of the third-party adviser as a portion of the client's portfolio.
Park Edge Capital Subadviser Services
Park Edge DBA Park Edge Capital may also act as a subadviser to advisers unaffiliated
with Park Edge. These third-party advisers would outsource portfolio management
services to Park Edge. This relationship will be memorialized in each contract between
Park Edge and the third-party advisor.
Mutual Funds and ETFs
Park Edge may provide investment advisory or sub-advisory services to mutual funds
and exchange traded funds. As the adviser or sub-advisor, Park Edge is responsible for
selecting investments, managing the portfolios, and overseeing the investment strategies
and policies for each mutual Fund or ETF, subject to the general supervision of their board
of directors, as applicable.
Consulting Services
Park Edge offers consulting services for assets held away from the firm’s required
custodians. This includes providing consulting services for participants of 401k plans that
relate to helping them manage their individual account balance. To avoid conflicts, if Park
Edge is advising participants in a 401k plan, it will not offer consulting services to the plan
sponsor of the plan.
Park Edge provides investment consulting services to certain broker/dealers’ customers
(“Brokerage Customers”) who provide written consent requesting to receive the firm’s
consulting services. Brokerage Customers have entered into a written advisory agreement
with Park Edge to consult on certain annuities, insurance products or mutual funds that
are commissionable products. Park Edge advises on these as a consultant only. Park Edge
does not get paid a commission.
Pension Consulting Services
Park Edge offers consulting services to pension or other employee benefit plans (including
but not limited to 401(k) plans). Pension consulting may include, but is not limited to:
• identifying investment objectives and restrictions
• providing guidance on various assets classes and investment options
• recommending money managers to manage plan assets in ways designed
to achieve objectives
• monitoring performance of money managers and investment options and
making recommendations for changes
• recommending other service providers, such as custodians, administrators
and broker-dealers
• creating a written pension consulting plan
These services are based on the goals, objectives, demographics, time horizon, and/or risk
tolerance of the plan and its participants.
Services Limited to Specific Types of Investments
Park Edge investment advice includes equities, ETFs, mutual funds, fixed income
securities, real estate funds (including REITs), treasury inflation protected/inflation
linked bonds, commodities, and Park Edge may use other securities as well to help
diversify a portfolio when applicable.
Educational Seminars/Workshops
Park Edge provides periodic educational seminars and workshops to clients and the
general public.
Written Acknowledgement of Fiduciary Status
When we provide investment advice to you regarding your retirement plan account or
individual retirement account, we are fiduciaries within the meaning of Title I of the
Employee Retirement Income Security Act and/or the Internal Revenue Code, as
applicable, which are laws governing retirement accounts. The way we make money
aligns with your interests. Our revenues go up when the value of the account goes up
and our revenues decline when account values decline. Hence, we have an incentive to
seek returns but to also manage downside, aligning our interests. We operate under a
special rule that requires us to act in your best interest and not put our interest ahead
of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations
(give prudent advice);
• Never put our financial interests ahead of yours when making recommendations
(give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in
your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
C. Client Tailored Services and Client Imposed Restrictions
Park Edge will tailor a program for each individual client. This will include an interview
session to get to know the client’s specific needs, requirements and determine if it is a
good fit to work together, and in most cases a financial plan will be executed by Park Edge
on behalf of the client. Park Edge may use model allocations together with a specific set
of recommendations for each client based on their needs, and targets. Within a
discretionary account, clients may not impose restrictions in investing in certain securities
or types of securities in accordance with their values or beliefs. Such restrictions may be
accommodated in non-discretionary accounts.
D. Wrap Fee Programs
Clients using a Wrap Fee arrangement pay a single fee to Park Edge to cover custody,
management fees, trading costs, and certain other costs charged by the custodian.
Typically, this option may be preferred for those managed accounts where Park Edge has
discretion and trading is more active. However, this brochure describes Park Edge’s non-
wrap fee advisory services; clients utilizing Park Edge’s wrap fee portfolio management
should see Park Edge’s separate Wrap Fee Program Brochure. Park Edge manages the
investments in the wrap fee program but does not manage those wrap fee accounts any
differently than it would manage non-wrap fee accounts. Park Edge receives the advisory
fee set forth in the wrap fee brochure as a management fee under the wrap fee program.
E. Assets Under Management
Park Edge has the following assets under management:
Discretionary Amounts: Non-Discretionary Amounts: Date Calculated:
$ 310,756,866.00 $ 149,474,942.00 December 2023