One Seven is registered with the Securities and Exchange Commission as an investment adviser and, as such, we provide advisory services rather than brokerage services. Brokerage and investment advisory services and fees differ and it is important for you, our client, to understand the differences. Additionally, free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker dealers, investment advisers, and investing. This document is a summary of the services and fees we offer to "retail" investors, which are natural persons who seek or receive services primarily for personal, family, or household purposes.
We offer the following investment advisory services to retail investors: Financial Planning; Investment Management; Pension Consulting; Selection of Other Advisers; Educational Seminars; Asset Allocation; Advisory Consulting; Sponsor and Manager of Wrap Fee Programs; Detailed information regarding our services, fees and other disclosures can be found in our Form ADV Part 2A Items 4, 7, 13 and 16 and Form ADV Part 2 Appendix 1 Brochures Items 4 and 5 by clicking this link.
Account Monitoring: If you open an investment account with our firm, as part of our standard service we monitor your investments on a continues basis and conduct account reviews with clients (subject to client availability), at least annually.
Investment Authority: We manage investment accounts on a discretionary basis where we will decide which investments to buy or sell for you. We have discretion to select, retain or replace third-party managers for you. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold) by providing our firm with your restrictions in writing. We also offer non-discretionary investment management services where we will provide advice, but you will ultimately decide which investments to buy and sell. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.
Investment Offerings: We offer advice on the following types of investments or products: equity securities, commercial paper, certificates of deposit, municipal securities, variable annuities, mutual funds, US government securities, options contracts, money market funds, real estate, REITs, structured notes, ETFs, and interests in partnerships investing.
Account Minimums: We do not typically require a minimum dollar amount to open and maintain an advisory account.
What fees will I pay? The following summarizes the principal fees and costs associated with engaging our firm for investment advisory services. For detailed information, refer to our Form ADV Part 2A and Form ADV Part 2 Appendix 1 Brochures by clicking this link.
Examples of the most common fees and costs applicable to our clients are: Custodian fees, and Account maintenance fees; Fees related to mutual funds and exchange-traded funds; Transaction charges when purchasing or selling securities; and Platform Fees and other product-level fees associated with your investments 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 we act as your investment adviser, 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 because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
*Refer to our Form ADV Part 2A and Form ADV Part 2 Appendix 1 Brochures by clicking this link to help you understand what conflicts exist.
Our Company and the financial professional servicing your account(s) are compensated in the following ways: Salary and Bonus; Financial professionals' compensation is based on the amount of client assets they service. Compensation paid to our financial professionals involves a conflict of interest because they have a financial incentive to refer clients to our firm.
Yes, our firm or our financial professionals currently have legal or disciplinary history to disclose. These events are disclosed in either our Form ADV or the specific individual's Form U4. These documents can be found by going to Investor.gov/CRS
*You can find additional information about your investment advisory services and request a copy of the relationship summary at 216-865-1700 or click the link provided
We welcome you to contact us at any time. Our team is committed to you and your financial needs, especially when you need us most. Contact us below or schedule time to connect.