Are there performance based fees and side by side management?
No. Our firm’s advisory fees will not be based on a share of capital gains or capital appreciation (growth) of any portion of managed funds, also known as performance‐based fees. Our fees will also not be based on side‐ by‐side management, which refers to a firm simultaneously managing accounts that do pay performance ‐ based fees (such as a hedge fund) and those that do not.