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Consulting recommendations are not limited to any specific product or service offered by a broker dealer or
insurance company. All recommendations are of a generic nature.
Amount of Managed Assets
As of December 31, 2023, we had $240,000,000 in assets under management on a discretionary basis and
$10,000,000 in assets undermanagement on a non-discretionary basis.
Investment Management Services
For Investment Management Services clients will be charged an annualized fee as a percentage of assets in the
account according to the following schedule:
Account Value Annual Fee
Up to $500,000 1.00%
$500,000 - $1,000,000 .85%
$1,000,000 - $2,000,000 .75%
$2,000,000 - $5,000,000 .65%
$5,000,000 - $10,000,000 .55%
Above $10,000,000 .45%
Client accounts will be directly debited, as authorized, and billed in arrears at the end of each calendar month.
In any partial calendar month, the management fee will be pro-rated based on the number of days that the
Account was open during the month. Fees accrue daily and are determined on the last day of the calendar
month by calculating the average daily market value.
Limited Negotiability of Advisory Fees: Although FAI Advisors
has established the aforementioned fee schedule,
we retain the discretion to negotiate alternative fees on a client-by-client basis. Client facts, circumstances and
needs are considered in determining the fee schedule. These include the complexity of the client, assets to be
placed under management, anticipated future additional assets, related accounts, portfolio style, account
composition, reports, among other factors. The specific annual fee schedule is identified in the contract between
the adviser and each client.
We may group certain related client accounts for the purposes of determining the annualized fee.
Discounts, not generally available to our advisory clients, may be offered to family members of associated
persons of our firm.
Consulting Services
Consulting Services fees will be determined based on the nature of the services being provided and the
complexity of each client’s circumstances. The fees charged reflect the amount of time spent by Consultant
gathering and compiling client information, conferring with Client, and/or other activities directly associated
with Consultant’s obligations under the Consulting Services Agreement. The maximum fee charged will not