Customer Relationship Summary

 

Greenbelt Investment Advisors

Form CRS Customer Relationship Summary - June 30, 2020

 

Introduction

Greenbelt Investment Advisors, LLC (“GIA”) was formed on November 4, 2010 and is based in Austin, Texas. GIA is an investment adviser registered with the State of Texas and the State of California.  Investment advisory services and brokerage services and fees differ, and we feel that it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at https://www.investor.gov/home/welcome-investor-gov-crs, which also provides educational materials about broker-dealers, investment advisers, and investing.

 

What investment services and advice can you provide me?

Asset Management Program

GIA, through our financial professionals, provides asset management services to Clients. Our asset management services are tailored to the individual needs of our Clients. Our financial professionals provide assistance with the initial investment selection and ongoing monitoring of an account’s performance in relation to the Client’s risk tolerance, time horizon, investment objectives, and overall financial situation. GIA offers nondiscretionary services.  As an investor, you make the ultimate decision regarding the purchase and/or sale of investments.

 

Financial Planning and Services Program

GIA, through our financial professionals, may charge for financial planning services or account review services. These services may vary and may include preparing a written financial plan or specified portion of a financial plan based on the Client's individual financial objectives, needs, and circumstances. This Program offers two services: Planning Service and Account Review Service (for accounts that are not held with Custodians that GIA has direct relationships with). The Client would retain a Planner (a financial professional of GIA) from GIA to provide passive monitoring and advice, general account advice for a specific Client account, or to prepare a written financial plan or specified portion of a financial plan based on the Client's individual financial objectives, needs, and circumstances.

 

For detailed information, refer to our Form ADV Part 2A Brochure, Item 4B and 7, at https://adviserinfo.sec.gov/firm/brochure/155704.

What fees will I pay?

The amount of fees that you pay will depend on the Program (detailed above) that you are a part of. 

 

Through our Asset Management Program, there is a minimum account size of $25,000 (may be negotiated under special circumstances) with no minimum annual fee. Fees are paid on a quarterly basis in advance and are deducted from the Client’s account through the account’s custodian. The fee would be negotiated individually between you and your financial professional based on your facts, circumstances, and needs and shall not exceed 2.5% of the average annual value of the account.   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

 

Though our Account Review Service, you would be charged an annual fee ranging from 0% to 1.50% based on the value of assets in the account. Through our Planning Service, you would be charged an hourly fee for this service ranging from 0$ to 150$ per hour. Fees will vary based on the complexity of the service being provided by the Planner.

 

For detailed information, refer to our Form ADV Part 2A Brochure, Item 5, at https://adviserinfo.sec.gov/firm/brochure/155704.

 

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 provide you with a recommendation as your investment advisor, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts and how they can affect the investment advice we provide to you.

 

Here are some examples to help you understand what this means:

If our firm’s financial professionals recommend that you rollover assets from your retirement plan to a GIA managed account, a conflict of interest could exist given that the financial professional would receive compensation only if the assets were managed through GIA.

 

Some of our firm’s financial professionals may independently sell insurance products for a commission.  They would have an incentive to recommend these products to increase their compensation.

 

For more information about our conflicts of interest and how we aim to mitigate them, we recommend reading our ADV Part 2A and our FS2 Wrap Account Brochure at https://adviserinfo.sec.gov/firm/brochure/155704.

 

How do your financial professionals make money?

Under GIA’s policies, a portion of the advisory fee collected from your account is shared with GIA, your financial professional, and the custodian for introducing and servicing the accounts. Your financial professional will receive up to 95% of the net fee collected, depending on their agreement with GIA.

 

If you are charged hourly fees or a one-time fee, a portion of the fee collected from you is shared with GIA and your financial professional. Your financial professional will receive up to 95% of the net fee collected, depending on their agreement with GIA.

 

Your financial professional may also independently conduct insurance business, for which commissions are paid.

 

Do you or your financial professionals have legal or disciplinary history?

No, our firm and financial professionals do not have any legal or disciplinary history to disclose. For detailed information, refer to our Form ADV II Part 2A, Item 9, and Part 2B your financial professional, Item 3, at https://adviserinfo.sec.gov/firm/brochure/155704.

Additional Information

You can find additional information about our firm’s investment advisory services on the SEC’s website at https://adviserinfo.sec.gov/firm/summary/155704. You may also contact our firm at (800) 617-3900 to request a mailed copy of this relationship summary and other current firm documents.

 

Questions to Ask Us:

• 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 those qualifications mean?

• Help me understand how these fees and costs may 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?

• How might your conflicts of interest affect me, and how will you address them?

• As a financial professional, do you have any disciplinary history?

• For what type of conduct?

• Who is my primary contact person?

• Is he or she a representative of an investment adviser or a broker-dealer?

• Who can I talk to if I have concerns about how this person is treating me?