Introduction
Marin Wealth Advisors LLC provides its clients with investment management and financial
planning services. These are defined as giving investment advice to a Client and/or making
investments for a Client based on the Client’s individual needs. Information is gathered through
personal discussions and other data sources, defining the Client’s goals, stage in life, financial
resources, tax situation and tolerance for risk. This information is evaluated and used to develop
an individual investment policy for the Client and to develop and manage the Client’s investment
portfolio based on the defined policy.
Background Information on Gerald Alexander Fegler, Principal
Gerald Alexander Fegler is self-supervised and plans to remain principal of the business. Gerald
Alexander Fegler was born 1963 and has been actively and continuously engaged in the
securities business as an investment advisor for over 22 years.
Education Background:
Master of Business Administration Finance, Santa Clara University - 1999
Bachelor of Science in Business Administration Accounting & Finance,
University of Nebraska-Lincoln - 1986
Business Background:
04/2016 - Present
Investment Adviser Representative
Marin Wealth Advisors LLC
04/2016 - Present
Senior Wealth Advisor Marin
Wealth Advisors
01/2012 - 03/2015
Senior Wealth Advisor
Contango Capital Advisors
05/2009 - 12/2011
Client Development Manager
Highmark Capital Management
01/2007 - 04/2009
Institutional Sales Manager
Wells Fargo Advantage Funds
01/2005 - 08/2006
Director of Investments
AssetMark Investment Services
01/1997 – 01/2004 Senior Relationship Manager Wells
Capital Management
Disciplinary Information: None
Other Business Activities: None
Additional Compensation: None
Arbitration Claims: None
Self-Regulatory Organization or Administrative Proceeding: None
Bankruptcy Petition: None
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Financial Planning and Retirement & Education Planning
Depending on the needs and interests of the Client, Marin Wealth Advisors LLC, Financial
Planning Services and Retirement and Education Planning includes:
*Setting Savings Goals
*Setting Return Expectations
*Determining Risk Parameters
*Setting Investment Allocations
*Selecting Investments
A description of the various Financial Planning offerings and associated fees can be found in Item
5 – Fees and Compensation below.
As a fee-only Financial Advisor, Marin Wealth Advisors LLC’s efforts focus on the management of
investment portfolios and finding the best stocks, bonds, mutual funds, REITs, and exchange-
traded funds for its clients, according to Client’s individual investment policy.
Investment Management
As of December 2023, Marin Wealth Advisors LLC managed $295,995,463 of Client assets, all
on a discretionary basis. More than 70% of Clients reside in California with the remaining Clients
residing in various other states throughout the United States.
As a fee-only Financial Advisor, Marin Wealth Advisors LLC’s efforts focus on the management of
investment portfolios and finding the best stocks, bonds, mutual funds, REITs, and exchange-
traded funds for its clients, according to Client’s individual investment policy.
Marin Wealth Advisors LLC provides reviews of Client reports showing portfolio value and
positions and investment performance. Marin Wealth Advisors LLC also offers clients
commentary and educational materials about market trends, investments and investment
practice.
Investment Consulting
Marin Wealth Advisors LLC provides consultative investment advice and recommendations on an
hourly basis, at a rate of $250/hour. Marin Wealth Advisors LLC does not exercise discretion as
to choosing a broker or buying and selling securities for consulting clients.
Depending on complexity and need, Marin Wealth Advisors LLC may suggest the Client consult
with other professionals unrelated to its business, including other financial planners, estate
planning attorneys, tax accountants and insurance agents. Marin Wealth Advisors LLC receives
no compensation for these referrals.
Investment Policies
Marin Wealth Advisors LLC meets with Clients to gather background information, including a
discussion about existing assets, income and income sources, family makeup, employment, etc.
This information is then used to create an Investment Policy which specifies Client investment
objectives and risk tolerance and how Client funds will be allocated among investment classes,
and explains how performance measurement is provided.
Retirement Accounts – Acknowledgement of Fiduciary Status under ERISA
and the Code
Guidance from the US Department of Labor (DOL) under Title I of the Employee Retirement
Income Security Act (ERISA) and/or the Internal Revenue Code (Code), requires Marin Wealth
Advisors LLC to inform you that when we provide investment advice to you regarding your
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retirement plan or participant account or your individual retirement account (collectively retirement
accounts), we are fiduciaries within the meaning of ERISA and/or the Code, as applicable, which
are laws governing retirement accounts. The way we make money creates some conflicts with
your interests, so for retirement accounts 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.
Retirement Account Rollovers
When leaving an employer, you typically have four options regarding your existing retirement
plan:
1. leave the assets in the former employer’s plan, if permitted,
2. roll over the assets to the new employer’s plan, if one is available and rollovers are
permitted,
3. roll over the assets to an Individual Retirement Account (“IRA”), or
4. take a full withdrawal in cash, which would result in ordinary income tax and a penalty tax
if you are under age 59 1/2.
If Marin Wealth Advisors LLC recommends that you roll over your 401(k) or other qualified plan
assets to an IRA, this rollover recommendation presents a conflict of interest in that Marin Wealth
Advisors would receive compensation (or may increase current compensation) when investment
advice is provided following your decision to roll over your plan assets. Marin Wealth Advisors
LLC will discuss your retirement plan options including retention of your 401(k) or qualified plan
assets with your current plan, if allowed. Prior to making a decision you should carefully review
the information regarding your rollover options. You are under no obligation to rollover retirement
plan assets to an account managed by us.
401K Services – Absolute Capital’s Workplace Investment Navigator Platform (“WIN”)
For certain eligible clients, desiring Marin Wealth Advisors to manage their 401k plan assets,
Marin Wealth Advisors can use a third-party platform to facilitate management of held away
assets such as defined contribution plan participant accounts. The WIN allows us to avoid being
considered to have custody of client funds since we do not have direct access to client log-in
credentials to affect trades. We are not affiliated with Absolute Capital in any way, but receive
compensation from them for using their platform. Please see Item 14, Client Referrals and Other
Compensation for more information.
The ability to use this service requires that you sign a separate engagement with Absolute
Capital. If eligible, requiring that your Plan Sponsor’s governing documents allow for “Third Party
Advisor Access,” and your account is connected with WIN, Marin Wealth Advisors will review the
current account allocations. When deemed necessary, Marin Wealth Advisors will rebalance the
account considering client investment goals and risk tolerance, and any change in allocations will
consider current economic and market trends. The goal is to improve account performance over
time, minimize loss during difficult markets, and manage internal fees that can harm account
performance. Client accounts will be reviewed at least quarterly and allocation changes will be
made as deemed necessary.
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Primary Types of Agreements
Marin Wealth Advisors LLC offers three main types of Agreements:
*Investment Management – Fee based services for Assets Under Management
*Investment Consulting – Advice and recommendations on an hourly basis for all outside
investments
*Financial Planning – fixed and hourly basis
Termination of Agreements
A Client may terminate an agreement at any time by notifying Marin Wealth Advisors LLC in
writing and paying the previously agreed upon rate for time spent on advisory investment services
prior to termination. Furthermore, Marin Wealth Advisors LLC may terminate an agreement
anytime by notifying a Client in writing.