Pinafore Wealth Counsel Inc.
Table of Fees for Services
Please carefully read Item 4 and Item 5 of Form ADV Part 2A (“Brochure”), as these sections of the Brochure contain important details about Pinafore Wealth Counsel’s advisory services and fees. Fees may be negotiable. The fees below will only apply to you when you request the services listed.
|Fees Charged by Investment Adviser||Fee Amount||Frequency Fee is Charged||Services|
|Assets Under Management Fee||$0 – 500,000||1.25%||Quarterly in advance (based on value of account on last day of previous quarter)||Portfolio Management for individuals and/or small businesses.ⁱ|
|$500,001 – $1,500,000||1.00%|
|$1,500,001 – $2,500,000||0.75%|
|Hourly Fee||$300||Due upon completion of services rendered.||Financial Planning Services|
|Fixed Fee||$1,000 – $7,500||Due upon completion of services rendered.||Financial Planning services|
|Fixed Fee||0.50%||Quarterly in advance||Financial Planning (Retirement Consulting)|
|Commissions to the Adviser||$0||n/a||n/a|
|Fees Charged by Third Parties||Fee Amount||Frequency Fee is Charged||Services|
|Third Party Money Manager||$0||n/a||n/a|
|Talk with your Adviser about fees and costs applicable to you|
Additional fees and costs to discuss with your Adviser
|Additional Fees/Cost||Yes/No||Paid To|
|Brokerage Fees||Yes||TD Ameritrade|
|Commissions||Yes (if any)||TD Ameritrade|
|Custodian Fees||Yes||TD Ameritrade|
|Mutual Fund/ETF Fees and Expenses||Yes||
Mutual Funds – Various Companies
ETFs – Various Companies
ⁱ Complimentary basic financial planning included
Pinafore Wealth Counsel, Inc.
Information We Collect: We collect certain nonpublic information about you (“Customer Information”). The essential purpose for collecting Customer Information is to allow us to provide advisory services to you. Customer Information we collect may include:
- Information that you provide on applications or other forms. This Customer Information may include personal and household information such as income, spending habits, investment objectives, financial goals, statements of account, and other records concerning your financial condition and assets, together with information concerning employee benefits and retirement plan interests, wills, trusts, mortgages and tax returns.
- Identifying information such as your name, age, address, social security number, etc.
- Information about your transactions with us, or others (e.g., broker-dealers, clearing firms, or other chosen investment sponsors).
- Information we receive from consumer reporting agencies (e.g., credit bureaus), as well as other various materials we may use to provide an appropriate recommendation or to fill a service request.
Security of Your Information: We restrict access to your nonpublic personal information to those employees who need to know that information to service your account. We maintain physical, electronic, and procedural safeguards that comply with applicable federal or state standards to protect your nonpublic personal information.
Information We Disclose to Non-affiliated Third Parties: As required or permitted by law, we disclose the nonpublic personal information we collect about our customers: (i) to persons necessary to effect the transactions and provide the services that our customers authorize, such as broker-dealers, custodians, independent managers etc.; (ii) to persons assessing our compliance with industry standards (e.g., professional licensing authorities, etc.); (iii) our attorneys, accountants, and auditors; or (iv) as otherwise provided by law. We are permitted by law to disclose the nonpublic personal information about you to governmental agencies and other third parties in certain circumstances (such as third parties that perform administrative or marketing services on our behalf or for joint marketing programs). These third parties are prohibited to use or share the information for any other purpose.
Former Clients: If you decide to close your account(s) or become an inactive customer, we will adhere to our privacy policies, which may be amended from time to time.
Questions: If you have questions about this privacy notice or about the privacy of your customer information call our main number 919-213-0458 and ask to speak to the Chief Compliance Officer.
Massachusetts Residents Opt-In Right: If you are a resident of Massachusetts, we are prohibited from sharing any of your private information (other than disclosures permitted by law) with any third party unless you specifically give us your consent. We are requesting that you opt into the disclosures to third parties as outlined above. To do so, you may call our main number 919-213-0458 and ask to speak to the Chief Compliance Officer, or complete the section below.
_____ I understand and agree to the terms of the Privacy Notice as stated above and authorize Pinafore Wealth Counsel Inc. to disclose my personal financial information to any non-affiliated third party for the reasons stated above.
Signed: _______________________________ Date: ______________________
Print Name: ___________________________