Investment advisory services started under Investmark Advisory Services, Inc. which was established in September of 1986. Investmark Advisory Group LLC (hereinafter referred to as "Investment Advisory Group") was established November 2016. Effective January 1, 2017 advisory services were transitioned from Investmark Advisory Services, Inc. to Investmark Advisory Group LLC. Investmark Advisory Group is owned 40% Jay Diamond, 40% Michael Kusick, and 20% Nicholas Christie.
As of December 31, 2023, Investmark Advisory Group has approximately $712,457,504 of client assets under our discretionary management. Investmark Advisory Group does not have assets under non-discretionary management.
Wrap accounts will be more suitable for the client who wants the cost of management and trading in one single fee without being charged for each transaction. While a non-wrap account will be more suitable for a client who prefers to separate management fees and pay for each transaction. Actively managed accounts will generally be better suited for a wrap account. Managed accounts that are infrequently traded or trade in no-transaction fee securities will be better suited for a non-wrap fee structure. A wrap program can cost you more than if you purchased advisory and transactional services separately.
Type of Management Model Managed Account - Your account will be managed similarly to other clients. Model managed accounts will not necessarily consider your individual tax situation when conducting transactions.
Investmark Asset Management Program (IAM) - IAM and Dimensional Fund (DFA) Models Investmark Advisory Group offers clients a managed account using a series of model strategies ("Model Strategies") with an objective of building risk-based Model Strategies. The IAM models are comprised of mutual funds, individual securities, exchange traded fund (ETFs). IAM models include the use of Dimensional Fund Advisors (the "DFA Funds") and other securities and mutual fund families that include varying percentages of equity and debt funds with degrees of risk and return. Additionally, Investmark Advisory Group has created other models using individual securities.
Investmark Advisory Group will monitor and make changes to the Model Strategies based on its individual investment analysis and asset allocation discipline. Investmark Advisory Group will manage the funds within the Model Strategies as selected by the Client on a discretionary basis and on a continuous basis. Discretionary authority is granted to Investmark Advisory Group in the Client Agreement and Profile. Discretionary authority grants Investmark Advisory Group limited authority to buy, sell, exchange securities and cash within your account as deemed appropriate by Investmark Advisory Group.
This advisory program requires the client to establish an account ("Account") with National Financial Services, LLC.
The following is a brief description of the model strategies:
•Primarily Fixed Income Portfolio - This portfolio generally focuses on the generation of current income. The account will typically be invested primarily in fixed income/bonds and up to 20% in equities/stocks, but will likely differ based on individual client goals, portfolios, and market conditions. This portfolio has historically been the most conservative on a relative basis and has exhibited lower volatility than primarily equities/stock portfolios; however, past performance is no guarantee of future results.
•Balanced Fixed Income-Oriented Portfolio - This portfolio generally focuses on increasing 4 capital sufficient to offset inflation over time while also generating current income. A typical allocation for this account would consist of a majority of fixed income/bonds and up to 40% in equities/stocks, but will likely differ based on individual client goals, portfolios, and market conditions. This portfolio has historically exhibited modest volatility; however, past performance is no guarantee of future results.
•Balanced Equity-Oriented Portfolio - This portfolio generally targets a balanced asset allocation approach that seeks to provide growth potential, as well as generation of current income. A typical allocation for this account would consist of up to 60% in equities/stocks with the remainder in fixed income/bonds, but will likely differ based on individual client goals, portfolios, and market conditions. This portfolio has historically exhibited less volatility than the primarily equities markets over time; however, past performance is no guarantee of future results.
•Primarily Equity Portfolio - This portfolio generally targets capital appreciation, which may or may not focus on the generation of current income. A typical allocation for this account would consist of up to 80% in equities/stocks with the remainder in fixed income/bonds, but will likely differ based on individual client goals, portfolios, and market conditions. This portfolio has exhibited greater overall volatility than the fixed income markets; however, past performance is no guarantee of future results.
•Equity Portfolio - This portfolio generally seeks maximum growth potential, which may or may not focus on the generation of current income. This long-term-oriented account is typically invested almost entirely in equities/stocks, with the remainder in fixed income/bonds. This portfolio has historically offered the highest level of risk and potential return; however, past performance is no guarantee of future results. Investmark Asset Management Program (IAM) - Advisor Directed This advisory program requires the client to establish an account ("Account") with National Financial Services, LLC. This program involves your Advisory Representative customizing a managed account portfolio based on an analysis of your investment goals, risk, and investment objectives.
Upon Investmark Advisory Group completing its analysis of your situation, Investmark Advisory Group will determine an asset allocation customized to your financial goals, objectives and risk tolerance.
Investmark Advisory Group will present the recommended portfolio allocation. Upon your approval, Investmark Advisory Group will implement the portfolio allocation. Investmark Advisory Group will provide continuous and ongoing management of your account.
Investmark Advisory Group offers management services on a discretionary and non-discretionary basis. If you elect to grant discretionary authorization, Investmark Advisory Group will manage the account and will make changes to the allocation as deemed appropriate by Investmark Advisory Group. Investmark Advisory Group will determine the securities to be purchased and sold in the account and will alter the securities holdings from time to time, without prior consultation with you. Discretionary authority will be granted by you to Investmark Advisory Group by execution of the Asset Management agreement.
If you elect to have your accounts managed on a nondiscretionary basis, no changes will be made to the allocation of your account without prior consultation with you and your expressed agreement. However, Investmark Advisory Group will periodically rebalance your account to maintain the initially agreed upon asset allocation. Investmark Advisory Group does not deem rebalancing as a form of discretion.
5 Investmark Advisory Group primarily uses open-ended mutual funds and uses no-load and load waived or mutual funds purchased at net asset value (NAV). However, managed accounts are not exclusively limited to mutual funds and can include stocks and bonds which are typically transferred or requested by you and exchange traded funds (ETFs).
Investmark Advisory Wrap Fees Investmark Asset Management Program (IAM) - IAM and Dimensional Fund (DFA) Models A. Fees are negotiable and are not based on a share of capital gains upon or capital appreciation of the funds or any portion of the funds. The fee schedules can be changed by Investmark Advisor upon 30-days prior written notice to client. Investmark Advisory Group shall charge an Annual Fee which shall be based on the assets in the Account. The Annual Fee consists of the Annual Advisor Fee and a Program Fee as outlined below.
The total fee assessed to this account will be calculated by adding the Annual Advisor Fee to the Program Fee based on the schedule below. Program Fee The program fee is charged by Investmark Advisory Group and is in addition to the advisory fee charged by your Investmark Advisory Group Representative. The program fee covers the administrative costs, is compensation to the Investmark Advisory Group Representatives who manage the models, and marketing costs.
It is important for clients to understand that an Advisory Representative, who can also be your Advisory Representative, will act as the portfolio manager and administrator of the program and share in the program fee and have a direct interest in the advisor fee and the program fee. Therefore, there is a conflict of interest to direct clients to use the program rather than a customized program where a program fee is not charged. To mitigate these conflicts of interest, we are making you aware of the fact both fees are charged by Investmark Advisory Group and Advisory Representatives have a direct interest in one or both of the fees.
The Program Fee will be calculated according to the following schedule: Account ValueMaximum Annual Program Fee Less than $500,000 0.50% $500,000 - $1,000,000 0.45% $1,000,001- $2,000,0000.40% $2,000,001 - $3,000,0000.35% $3,000,001 and above 0.30% 6 Advisor Fee: Account Value Maximum Annual Advisor Fee Less than $500,000 1.75% $500,00 to $1,000,0001.65% $1,000,001 to $2,000,0001.55% $2,000,001 to $3,000,0001.45% $3,000,001 and above negotiable The fee schedule above is charged as a flat percentage-based fee on the entire account value*. (e.g., an account value* of $1,875,455.56 would be charged a maximum fee of 1.95% annually) Fees are calculated using the (quarter end value* x percentage fee) / 4 = quarterly fee.
Note: In addition to the flat rate/breakpoint fee schedule above, if negotiated, there are situations where a blended/tiered fee based on a percentage of the level assets in the account is employed. The blended/tiered negotiated fee will be stated in the advisory agreement. Fees may be adjusted in consideration of strategies employed, additional assets under management at Investmark Advisory Group and other relevant factors.
ReInsuranceMax Program Fees: Account Value Annual Program Fee First $1,000,0000.40% Next $1,000,000 0.30% Next $1,000,000 0. 20% Over $3,000,0000.15% Advisor Fee: Total Assets in ReinsuranceMax Program Annual Advisor Fee First $249,9991.25% Next $250,000 to $499,9991.15% Next $500,000 to $999,9991.10% Next $1,000,000 to $1,999,9991.00% Next $2,000,000 to $2,999,999 .85% Next $3,000,000 to $4,999,999 .75% Next $5,000,000 and above .70% ReInsuranceMax ReinsuranceMax clients are charged a blended/tiered fee based on the above fee schedule. Fees are calculated using the (quarter end value* x percentage fee) / 4 = quarterly fee. A blended/tiered fee means each level of the account will be charged a fee based on the agreed upon fee for that threshold.
7 Note: In addition to the blended/tiered fee schedule above, if negotiated, there are situations where a flat rate/breakpoint fee based on a percentage of the entire account value in the account is employed. The flat rate/breakpoint negotiated fee will be stated in the advisory agreement. Fees may be adjusted in consideration of strategies employed, additional assets under management at Investmark Advisory Group and other relevant factors.
*Account values in the Commonwealth Financial Practice 360 reporting system will be used for Investmark Advisory Group's quarterly fee calculations for advisory accounts custodied at National Financial Services (NFS). Although account holdings and asset valuations should generally match, month-end market values reflected in Commonwealth's Practice 360 reporting system sometimes differ from those provided by NFS on their month-end statements. The three most common reasons why these values may differ are (i) differences in the manner in which accrued interest is calculated, (ii) differences in the date upon which "as of" dividends and capital gains are reported, and (iii) differences in whether settlement date valuations or trade date valuations are used. If you have any questions or believe there are material discrepancies between your NFS custodial statement and Commonwealth's Practice 360 reporting system, please contact Investmark at (800) 443-1006. The Commonwealth Practice 360 report valuations are available online via your Investor 360 account or you may request a copy from your Investmark Advisory Group Advisory Representative.
B. Advisory fees are collected directly from your account. You will be provided with an account statement reflecting the deduction of the advisory fee direct from the account custodian. If the Account does not contain sufficient funds to pay advisory fees, Investmark Advisory Group has limited authority to sell or redeem securities in sufficient amounts to pay advisory fees. You can reimburse the account for advisory fees paid to Investmark Advisory Group , except for ERISA and IRA accounts.
C. Transaction fees for each transaction will be charged to Investmark Advisory Group and not the client. However, in addition to the advisory fees above, you will pay fees for custodial services, account maintenance fees, and other fees associated with maintaining the Account. Such fees are not charged by Investmark Advisory Group and are charged by the product, broker/dealer or account custodian. Investmark Advisory Group does not share in any portion of such fees. Additionally, you will pay your proportionate share of the fund's management and administrative fees and sales charges as well as the mutual fund adviser's fee of any mutual fund they purchase. Such advisory fees are not shared with Investmark Advisory Group and are compensation to the fund-manager.
D. The fee will be deducted quarterly in arrears based upon the ending market value* of the Account. Investmark Advisory Group will provide a quarterly statement to Client setting forth the fee due for that quarter. Investmark Advisory Group generally does not adjust advisory fees for inflows or outflows occurring during a calendar quarter. As further disclosed below, Investmark Advisory Group's advisory fee will be calculated on the quarter ending value* without consideration generally being given to mid- quarter inflows or outflows. Adjustments for inflows is at the discretion of the Advisory Representative and negotiation with the client. No adjustments will be made for outflows since this benefits the clients because fees are calculated on the quarter ending balance. No fee adjustments will be made for Account appreciation or depreciation.
Termination of Provisions You can terminate upon Investmark Advisory Group's receipt of your written notice to terminate. Prorated fees will be charged based on the market value of the account on the date notice of termination is received by Investmark Advisory Group. 8 Investmark Asset Management Program (IAM) - Advisor Directed A. Fees are negotiable and are not based on a share of capital gains upon or capital appreciation of the funds or any portion of the funds. The fee schedules can be changed by Investmark Advisor upon 30-days prior written notice to client. You can make additions to the Account or withdrawals from the Account, provided the Account continues to meet minimum account size requirements. Investmark Advisory Group generally does not adjust advisory fees for inflows or outflows occurring during a calendar quarter. As further disclosed below, Investmark Advisory Group's advisory fee will be calculated on the quarter ending value* without consideration generally being given to mid-quarter inflows or outflows. Adjustments for inflows are at the discretion of the Advisory Representative and negotiation with the client. No adjustments will be made for outflows since this benefits the clients because fees are calculated on the quarter ending balance. No fee adjustments will be made for Account appreciation or depreciation.
Investmark Advisory Group offers the following fee schedules for the Investmark Asset Management Program: Investmark Asset Management Fee Schedule: Account ValueMaximum Annual Fee Less than $500,0001.75% $500,000 to $1,000,0001.65% $1,000,001 to $2,000,000 1.55% $2,000,001 to $3,000,0001.45% $3,000,001 and aboveNegotiable The fee schedule above is generally charged as a flat percentage based fee on the entire account value*. (e.g., account value* of $1,875,455.56 would be charged a maximum fee of 1.55% annually) Fees are calculated using the (quarter end value* x percentage fee) / 4 = quarterly fee. Note: In addition to the flat rate/breakpoint fee schedule above, if negotiated, there are situations where a blended/tiered fee based on a percentage of the level assets in the account is employed. The blended/tiered negotiated fee will be stated in the advisory agreement.
Fees may be adjusted in consideration of strategies employed, additional assets under management at Investmark Advisory Group and other relevant factors. Investmark Asset Management Program (IAM) - IAM SMA Program The total fee assessed to this account will be calculated by adding the Annual Advisor Fee to the Program Fee based on the schedule below. The SMA Program Fee will be calculated according to the following schedule: Account ValueAnnual Program Fee First $500,000 0.40% Next $500,000 0.35% Next $1,000,0000.30% Next $1,000,0000.25% $3,000,001 and above 0.20% 9 SMA Advisor Fee: Account Value Maximum Annual Advisor Fee Less than $500,000 1.75% $500,000 - $1,000,0001.65% $1,000,001 - $2,000,0001.55% $2,000,001 - $3,000,0001.45% $3,000,001 and abovenegotiable The Advisor fee schedule above is charged as a flat percentage-based fee on the entire account value*. (e.g., an account value* of $1,875,455.56 would be charged a maximum Advisor fee of 1.55% annually).

The Program fee schedule above is charged as a blended/tiered fee . (e.g. $500,000 x .
40% + $500,000 x .35% + $875,455.56 x .30%). Fees are calculated using the (quarter end value* x percentage fee) / 4 = quarterly fee. Note: In addition to the flat rate/breakpoint Advisor fee schedule above, if negotiated, there are situations where a blended/tiered Advisor fee based on a percentage of the level assets in the account is employed. The blended/tiered negotiated fee will be stated in the advisory agreement. Fees may be adjusted in consideration of strategies employed, additional assets under management at Investmark Advisory Group and other relevant factors. B. Advisory fees will generally be collected directly from your account, provided you have given Investmark Advisory Group written authorization. You will be provided with an account statement reflecting the deduction of the advisory fee direct from the account custodian. If the Account does not contain sufficient funds to pay advisory fees, Investmark Advisory Group has limited authority to sell or redeem securities in sufficient amounts to pay advisory fees. You can reimburse the account for advisory fees paid to Investmark Advisory Group , except for ERISA and IRA accounts. C. Additionally, you will pay fees for custodial services, account maintenance fees, and other fees associated with maintaining the Account. Such fees are not charged by Investmark Advisory Group, but are charged by the product, broker/dealer or account custodian and Investmark Advisory Group does not share in any portion of such fees. Additionally, you will pay your proportionate share of the fund's management and administrative fees and sales charges as well as the mutual fund adviser's fee of any mutual fund they purchase. Such advisory fees are not shared with Investmark Advisory Group and are compensation to the fund-manager.
D. Advisory fees will be charged in arrears on a calendar quarterly basis based upon the value of the account* on the last business day of the calendar quarter.
E. Advisory Representatives of Investmark Advisory Group are dually Registered Representatives of Commonwealth Financial Network ("Commonwealth"), a registered broker/dealer, member of the Financial Industry Regulatory Authority (FINRA) and SIPC. (Commonwealth Equity Services, Inc. has adopted the "doing business as" name of Commonwealth Financial Network. The firm's legal name will remain Commonwealth Equity Services, Inc. Commonwealth Equity Services, Inc., is a FINRA- registered broker/dealer and SEC-registered investment adviser.) 10 Advisory Representatives of Investmark Advisory Group who are Registered Representatives receive trail commissions (i.e. 12b-1 fees) for a period of time as a result of directing securities transactions through Commonwealth. Load and no-load mutual funds pay annual distribution charges, sometimes referred to as 12b-1 fees. 12b-1 fees come from fund assets, therefore, indirectly from your assets. 12b-1 fees are initially paid to Commonwealth and a portion passed to the Advisory Representatives. However, any 12b-1 fees paid on holding in managed accounts will be refunded back to the client. Refunds of 12b-1 fees will be indicated on the client's account custodian statement received not less than quarterly. The receipt of 12b-1 fees by Advisory Representatives represents an incentive for the Advisory Representatives to recommend funds with 12b-1 fees over funds that have no fees or lower fees. As a result, there is a conflict of interest.
12b-1 fees are not paid to Advisory Representatives for securities held in fee based accounts. However, in the capacity of a Registered Representative, recommendations are made to purchase securities on a commission basis. Securities such as some exchange traded funds, variable products, real estate investment products, mutual funds, direct participation programs, and other registered investment securities and pooled investment vehicles purchased through Commonwealth on a commission basis will pay trailing commission to registered individuals. This is a conflict of interest. To mitigate this conflict of interest this disclosure is provided.
Furthermore, registered investment securities such as mutual funds, and variable products offer the securities in various share classes. Different share classes are priced differently and share classes other than institutional share classes will involve higher internal costs that over time will cost you more.
Institutional share classes often have higher trading costs. A client needs to consider the amount being invested and the length of anticipated holding to make a decision as to the share class most suitable to the client. Please read the disclosures under Item 10 below for important information about the advice and recommendations offered by Advisory Representatives and Registered Representatives. Investmark Advisory Group will select the lowest share class funds available and appropriate to the situation. However, in selecting the lowest share class, trading costs are sometimes higher. Selecting the lowest share class appropriate to the situation does not imply the lowest cost share class but means what Investmark Advisory Group deems lowest cost for the situation. Investmark Advisory Group considers the anticipated holding period, cost structure, and administrative and transaction costs associated with selecting a share class. However, there is no way to predict the future and there could be occasions where a holding is liquidated sooner or held longer resulting in higher costs to the client. Additional information about share classes can be found in an Investor Alert issued by the Securities and Exchange Commission at https://www.investor.gov/additional-resources/news- alerts/alerts-bulletins/investor-bulletin-mutual-fund-classes and https://www.investor.gov/additional- resources/news-alerts/alerts-bulletins/investor-bulletin-mutual-fund-classes. Additionally, the SEC and FINRA provides investor information at www.sec.gov and www.finra.org. As stated above, Investmark Advisory Group recommends mutual funds that pay 12b-1 fees and no- load funds.
You can purchase the securities recommended by Investmark Advisory Group directly or through other brokers or agents not affiliated with Investmark Advisory Group.
Termination Provisions You can terminate investment advisory services obtained from Investmark Advisory Group upon written notice within five (5) business days after entering into the advisory agreement with Investmark Advisory Group, unless you were provided with Investmark Advisory Group's Disclosure Brochure at least 48-hours in advance of executing the agreement. You will be responsible for any fees and charges incurred from third parties as a result of maintaining the Account such as transaction fees for any securities transactions executed and Account maintenance or custodial fees. Thereafter, you can 11 terminate investment advisory services upon Investmark Advisory Group's receipt of your written notice to termination. Should you terminate investment advisory services during a calendar quarter, you will be charged a pro-rated portion of the advisory fee up to the date of termination based on the value of the account* on the date of termination. *************** General Information The investment recommendations and advice offered by Investmark Advisory Group are not legal advice or accounting advice. You should coordinate and discuss the impact of financial advice with your attorney and/or accountant. It is necessary to inform Investmark Advisory Group promptly with respect to any changes in your financial situation and investment goals and objectives. Failure to notify Investmark Advisory Group of any such changes could result in investment recommendations not meeting your needs.
Transactions in the account, account reallocations and rebalancing may trigger a taxable event, with the exception of IRA accounts, 403(b) accounts and other qualified retirement accounts. IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. 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 creates some conflicts with your interests, so 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. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
IRA Rollover Considerations As part of our consulting and advisory services, we provide you recommendations and advice concerning your employer retirement plan or other qualified retirement account. Our recommendations include you consider withdrawing the assets from your employer's retirement plan or other qualified retirement account and roll the assets over to an individual retirement account ("IRA"). Further, we offer our management services be applied to those funds and securities rolled into an IRA or other account for which we will receive compensation. If you elect to roll the assets to an IRA that is subject to our management, we will charge you an asset based fee as described above under Item 5. This 12 practice presents a conflict of interest because persons providing investment advice on your behalf have an incentive to recommend a rollover to you for the purpose of generating fee based compensation rather than solely based on your needs. You are under no obligation, contractually or otherwise, to complete the rollover. Furthermore, if you do complete the rollover, you are under no obligation to have the assets in an IRA managed by us.
It is important for you to understand many employers permit former employees to keep their retirement assets in their company plan. Also, current employees can sometimes move assets out of their company plan before they retire or change jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are available, you should consider the costs and benefits of each.
An employee will typically have four options: 1. Leave the funds in your employer's (former employer's) plan.
2. Move the funds to a new employer's retirement plan.
3. Cash out and taking a taxable distribution from the plan.
4. Roll the funds into an IRA rollover account.
Each of these options has advantages and disadvantages and before making a change we encourage you to speak with your CPA and/or tax attorney.
If you are considering rolling over your retirement funds to an IRA for us to manage it is important you understand the following: 1. Determine whether the investment options in your employer's retirement plan address your needs or whether you might want to consider other types of investments.
a. Employer retirement plans generally have a more limited investment menu than IRAs.
b. Employer retirement plans have unique investment options not available to the public such as employer securities, or previously closed funds.
2. Your current plan may have lower fees than our fees.
a. If you are interested in investing only in mutual funds, you should understand the cost structure of the share classes available in your employer's retirement plan and how the costs of those share classes compare with those available in an IRA.
b. You should understand the various products and services you might take advantage of at an IRA provider and the costs of those products and services.
c. It is likely you will not be charged a management fee and will not receive ongoing asset management services unless you elect to have such services. In the event your plan offers asset management or model management, there may be a fee associated with the services that is more or less than our asset management fee.
3. Our strategy may have higher risk than the option(s) provided to you in your plan.
4. Your current plan may offer financial advice, guidance, and/or model management or portfolio options at no additional cost.
5. If you keep your assets titled in a 401k or retirement account, you could delay your required minimum distribution beyond age 73.
6. Your 401k may offer more liability protection than a rollover IRA; each state may vary.
Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets have been generally protected from creditors in bankruptcies. However, there can be some exceptions to the general rules so you should consult an attorney if you are concerned about protecting your retirement plan assets from creditors.
7. You may be able to take out a loan on your 401k, but not from an IRA.
8. IRA assets can be accessed any time; however, distributions are subject to ordinary income tax and may also be subject to a 10% early distribution penalty unless they qualify for an exception such as disability, higher education expenses or the purchase of a home.
13 9. If you own company stock in your plan, you may be able to liquidate those shares at a lower capital gains tax rate.
10. Your plan may allow you to hire us as the manager and keep the assets titled in the plan name.
It is important that you understand the differences between these types of accounts and to decide whether a rollover is best for you. Prior to proceeding, if you have questions contact your investment adviser representative, or call our main number as listed on the cover page of this brochure.
Additionally, Advisory Representatives are Registered Representatives with a broker/dealer as further disclosed throughout this Brochure and more specifically in Item 5, Item 10, Item 12, and in the Advisory Representative's Form ADV Part 2B. As an Advisory Representative and a Registered Representative, recommendations will be made to the client for which the Advisory Representative in the capacity as a Registered Representative will receive commissions. Commissions can range up to 7% of a client's invested assets into the particular product with ongoing compensation or trail compensation, particularly in real estate investment trusts, structured products, business development companies, and private and limited partnerships. The Advisory Representatives include in recommendations to clients investment into various securities products that pay commissions including mutual funds, variable annuities and other variable products, 529 plans, limited partnerships, real estate investment trusts, private placements, stocks, bonds, and other securities products. The commissions received are in addition to any advisory fee charged by Investmark Advisory Group. Further details of compensation is disclosed in the product's offering memorandum or prospectus. This is a conflict of interest since the Advisory Representatives have a direct interest in your investment decisions. Furthermore, the commissions paid on real estate investment trusts, structured products, business development companies, and private and limited partnerships and similar products is traditionally higher than what is paid on other securities products. Advisory Representatives who are Registered Representatives recommend and utilize the aforementioned products regularly when recommending a portfolio allocation. Please refer to Item 8 below for disclosure of risks associated with the products.
Investmark Advisory Group offers other advisory programs. Investmark Advisory Group's other advisory programs are disclosed in the Investmark Advisory Group Form ADV Par 2A available to you at any time upon written request. Depending on the services provided and complexity of the situation, fees for other advisory and management programs are less than the fees for Investmark Advisory Group's wrap account options. Therefore, there is a financial incentive to recommend Investmark Advisory Group's wrap account option over other management options.