Welch Investment Group, LLC | 313 NW A Street, Grants Pass Oregon 97526 | 541.474.6616 | firstname.lastname@example.org
A Summary of Your Advisory Relationship with Welch Investment Group
Welch Investment Group, LLC is registered with the Security and Exchange Commission as an investment advisor. We are not a broker-dealer. Brokerage and investment advisory services fees are different. One significant difference is that we do not receive any commissions for placing trades in your account. Please see www.Investor.gov/CRS which is an SEC-sponsored website that provides free and simple educational information about investment advisors, broker-dealers, and investing.
This form is intended to aid your understanding of the services Welch Investment Group offers and describe significant issues related to these services which you may find important. We have included “Conversation Starters” to encourage the discussion of subjects important to you. The first example is below:
Given my financial situation, should I choose an investment advisory service?
Why or why not?
How will you choose investments to recommend to me?
What is your relevant experience, including your licenses, education and other qualifications?
What do these qualifications mean?
The following provides answers to common questions that will assist you in deciding whether to become a client of a Welch Investment Group, LLC.
Help me understand how these fees and costs might affect my investments.
If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What fees will I pay?
You will pay an ongoing asset-based fee based on a percentage of all assets in your account, charged on an asset-based fees. No commissions are charged. Any fees paid and the frequency charged will be agreed upon by you when contracting with Welch Investment Group for investment advisory services. You may pay other fees such as transactional fees. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying
When you pay an asset-based fee, the more assets there are in your account, the more you will pay in fees. This gives us an incentive to encourage you to increase the assets in your account.
How might your conflicts of interest affect me, and how will you address them?
What are your legal obligations to me when acting as my investment advisor? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we are required by law to put your best interests ahead of our own. This is called our “fiduciary duty.” At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. For example, the more accounts we manage, the more fees we earn.
How do your financial professionals make money?
Our financial professionals receive fees for the investment advisory services they provide. These fees are ongoing and are based on a percentage of assets in your account. As noted above, our financial professionals have an incentive to have more assets in your account if they are paid by an asset-based fee. However, because we do not receive commissions, we do not have any incentive to sell you any particular investment product.
As a financial professional, do you have any disciplinary history? For what type of conduct?
Do your financial professionals have legal or disciplinary history?
Who is my primary contact person?
Is he or she a representative of an investment advisor or broker-dealer?
Who can I talk to if I have concerns about how this person is treating me?
Typically, we do not have primary contact persons. When you work with us you establish a firmwide relationship with all members of the firm. If you have any concerns about your treatment, we encourage you to speak the financial professional you feel most comfortable with. None of our financial professionals are representatives of a broker dealer. For additional information please contact us at 541.474.6616 or by email at email@example.com.You may also visit our website at www.welchig.com and the SEC’s Investment Adviser Public Disclosure Website at https://adviserinfo.sec.gov.
ADDITIONAL INFORMATION ABOUT WELCH INVESTMENT GROUP, LLC IS ALSO AVAILABLE AT THE SEC'S WEBSITE WWW.ADVISERINFO.SEC.GOV.