INVESTMENT MANAGEMENT

Fees are charged based on the value of assets under management.  Or, for certain qualifying investors, fees may be based on account performance.  Fees are NOT earned through commissions or through the sale of any investment product.

Our custodians/broker-dealers are Interactive Brokers and Charles Schwab.

Global Asset Allocation (“GAA”)

Fees for this strategy are generally 0.65% per year of the assets under management. If the fee is calculated by Interactive Brokers, it is done by multiplying the value of the account as of the end of each trading day by the annual fee, then dividing the result by the number of trading days in the year. If the fee is calculated by Charles Schwab, it is done based on the value of the account as of the last day of the calendar quarter. We may negotiate lower fees based on the amount of managed assets.

Global Compounding Value (“GCV”)

Fees for this strategy are generally 1.00% per year of the assets under management. If the fee is calculated by Interactive Brokers, it is done by multiplying the value of the account as of the end of each trading day by the annual fee, then dividing the result by the number of trading days in the year. If the fee is calculated by Charles Schwab, it is done based on the value of the account as of the last day of the calendar quarter. We may negotiate lower fees based on the amount of managed assets.

Global Opportunistic & Event Driven (“GOED”)

Fees for this strategy are generally 1.50% per year of the assets under management. The fee is calculated by Interactive Brokers by multiplying the value of the account as of the end of each trading day by the annual fee, then dividing the result by the number of trading days in the year. We may negotiate lower fees based on the amount of managed assets.

– Note for Qualified Clients who invest in GOED  

Global Quantitative Factor Investing (“GQFI”)

Fees for this strategy are generally 1.00% per year of the assets under management. The fee is calculated by Charles Schwab based on the value of the account as of the last day of the calendar quarter. We may negotiate lower fees based on the amount of managed assets.

– All four strategies are managed using separately managed accounts (SMA’s) at Interactive Brokers or Charles Schwab.

– Learn More about the benefits of SMA’s

– In addition to our advisory fee shown above, you are responsible for paying fees associated with investing for your account.  These fees include:

  • Mutual fund loads (if applicable).  These charges are paid to brokers as a form of commission.
  • Management fees for ETFs and mutual funds.  These are fees charged by the managers of the ETF or mutual fund and are a portion of the expenses of the ETF or mutual fund.
  • Brokerage costs and transaction fees for any securities or fixed income trades.  These are generally charged by your custodian and/or executing brokers (Fee Schedules: Interactive Brokers and Charles Schwab).

– Additional information about brokerage costs and services is provided in “Item 12: Brokerage Practices” in our Form ADV Part 2)

– We believe the fees mentioned above are competitive; however you may be able to obtain similar services from other sources at a lower price

FINANCIAL PLANNING

Financial planning services are provided for a fixed fee ranging from $1,000 – $5,000, based on the scope and complexity of the services to be provided.  We require a deposit of 50% of the negotiated fee at the time of signing the Financial Planning Agreement. You will receive an invoice upon completion of the financial plan for the balance of the fee due. You may pay for financial planning services by check or cash.

You may cancel our financial planning agreement at any time by providing written notice. Upon cancellation, we will present you with an invoice for time spent. This invoice is payable upon receipt.

Follow-up financial planning services are provided for a fee of $400 per hour.

Triple Summit may recommend the services of itself and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if Triple Summit recommends the services of itself. The client is under no obligation to act upon any of the recommendations made by Triple Summit under a financial planning or consulting engagement or to engage the services of any such recommended professional, including Triple Summit itself. Clients retain absolute discretion over all such financial planning and consulting services and are free to accept or reject any of Triple Summit’s recommendations. Note that there is a conflict of interest with the implementation of the financial plan; we may receive increased fees if you include us in the implementation of the financial plan.