• Thorough evaluation of your financial condition including cash flow, tax position, insurance coverage, wills, trusts, investments, etc.
  
  
• Exhaustive review of your understanding of and tolerance for risk.
  
  
• Thorough evaluation of your short-, intermediate-, and long-term objectives and their corresponding liquidity, income, and capital needs; and alignment of those objectives with your risk profile.
  
  
• Presentation, for your consideration and agreement, of an array of options and investment strategies designed to help you achieve your objectives.
  
  
• Presentation for your approval of a written Investment Framework to clearly specify how the agreed-upon investment strategies will be implemented.
  
  
• Design of investment portfolios and execution of investment purchases, sales, trades, or exchanges that may be required to implement the approved Investment Framework.
  
  
• Active monitoring of your investment portfolio(s) for adherence to the Investment Framework. Adjustments to Investment Framework if required.
  
  
• Quarterly written reports tracking the progress made toward achieving your investment objectives.

Our fee for providing these services is a mutually agreed-upon quarterly retainer determined by the nature and extent of the work we are required to perform, subject to a minimum retainer fee of $1,000 per quarter. Should you NOT wish to have us directly oversee your investment portfolio(s), the retainer fee, to be negotiated, will be subject to a minimum of $500 per quarter.

All retainer fees are due and payable in advance on the first business day of each calendar quarter.

Investment advice to Trustees of retirement plans

For new plans:

• Design and present, for the Trustees’ consideration and agreement, a proposed Retirement Plan intended to attract, motivate, and retain valuable employees.
  
  
• Propose and present for the Trustees’ approval a written Investment Policy Statement as a guide in the selection of investment options to be offered to participants in the retirement plan.
  
  
• Consistent with the approved Investment Policy Statement, select an array of investment offerings to be made available to participants in the plan, designed to maximize employee participation and to help employees reach their financial objectives.
  
  
• Actively monitor all investment offerings for continued adherence to the approved Investment Policy Statement proposing adjustments as necessary.
  
  
• Periodically present investment education workshops to all plan participants.

Our compensation for providing these services has two components: the first is a one-time flat fee of $4,000 to design a Retirement Plan and to review, research, and select the investment options to be offered in the plan; the second is an agreed-upon fixed annual retainer fee determined by the nature and extent of the work to be performed by us, subject to a minimum retainer fee of $1,200 per year. Retainer fees are due and payable, in twelve equal monthly installments, on the first business day of each month.

For existing plans:

• Review and analyze the plans’ current Investment Policy Statement (or similar document) for adequacy and compliance with ERISA guidelines.
  
  
• Review and analyze the selection of investment offerings currently available in the retirement plan for adherence to the Investment Policy Statement, taking into consideration for each offering such criteria as risk-adjusted performance, risk management discipline, consistency, costs and expenses, etc. Propose alternative selections if necessary.
  
  
• Actively monitor all investment offerings for continued adherence to the approved Investment Policy Statement proposing adjustments as necessary.
  
  
• Periodically present investment education workshops to all plan participants.

Our compensation for providing these services has two components: the first is a one-time flat fee of $2,000 to review, analyze and, if needed, propose modifications to the existing plan and its investment options; the second is an agreed-upon fixed annual retainer fee determined by the nature and extent of the work to be performed by us, subject to a minimum retainer fee of $1,200 per year. Retainer fees are due and payable, in twelve equal monthly installments, on the first business day of each month.

Consulting services
For those persons or institutions that require investment or financial advice infrequently or on a one-time only basis, we will provide those services specifically requested so long as they fall within the purview of our expertise and professional knowledge.

Fees for Consulting Services are charged at our prevailing billing rate of $250.00 per hour times the number of hours estimated to complete the services requested, as detailed in the corresponding Letter of Engagement. One-half of the total fee is payable in advance, the balance upon completion of the work. Fees for individual Consulting sessions are due and payable in full upon completion of each session.

NOTE: A copy of Form ADV, Part II, of the Uniform Application for Investment Adviser Registration filed by Galápagos Advisors, LLC with the appropriate regulatory authorities may be obtained upon request, free of charge, directly from Galápagos Advisors. It contains a detailed description of our services and fees.