From: Greylock Peak Investments, LLC d/b/a Wealthion, hereinafter, Promoter
Inasmuch as you (“Client(s)”) are being contacted regarding utilizing the advisory services of one of the investment advisers (the/an “Adviser”) registered with the Securities and Exchange Commission under Section 203 of the Investment Advisers Act of 1940 (“Advisers Act”), you are hereby provided the following information as required under Rule 206(4)-1 of the Advisers Act:
- The Promoter and Adviser have entered into a written agreement whereby the Promoter has undertaken to contact those persons and organizations whom he/she believes may wish to utilize the investment advisory services of Adviser, and to recommend to such persons that they entertain a proposal for such services by Adviser. In return for the Promoter’s services under this agreement, Adviser has agreed to compensate the Promoter with a cash referral fee based upon a percentage of the investment advisory fees actually received from the Clients who have been referred to Adviser by the Promoter and who subsequently become Clients of Adviser. The agreement provides that the Promoter will receive a portion of the advisory fee, up to 35%, for so long as Adviser continues to manage the portfolio(s) or other assets of the Client.
- There is no differential between the amount or level of investment advisory fees which Adviser will charge for managing your account in excess of that which it would customarily charge for managing any other new client with similar assets and which was not referred to Adviser by the Promoter. No person or organization contacted by the Promoter on behalf of Adviser who subsequently becomes a client of Adviser will be charged for the activities of the Promoter. All referral fees paid to the Promoter represent a portion of the fees actually charged by Adviser for investment advisory services on behalf of the Client.
- The Promoter will assist Adviser in developing client relationships, and where appropriate maintain continuing contact with the Clients so introduced to ensure that the Clients are fully satisfied with their relationship with Adviser and with the investment advisory services received from Adviser.
- The Promoter is not an officer, director or other employee of Adviser and does not render any investment advice on behalf of Adviser. The Promoter’s services to Adviser consist solely of referrals of prospective Clients and related activities pursuant to the agreement described above. The Promoter is not authorized to act in any way on behalf of Adviser except in connection with its marketing activities and is not authorized to enter into any agreement or undertaking on behalf of Adviser with any person(s) or organization(s).
Acknowledgment of Receipt:
By submitting a request to Promoter for introduction to an Adviser, you hereby acknowledge receipt from the Promoter of a copy of the Wealthion Promoter’s Disclosure Document (provided when the request is submitted). You also understand that by signing this document you are not entering into any agreement for investment advisory services with Adviser. Such services are available only pursuant to a separate Written Agreement between Adviser and the Client.