Important Disclosures Relating to Referrals to Scarborough Capital Management Through
WiserAdvisor (the “Program”) is an advertising and referral service for investment professionals operated by WiserAdvisor. When you provide your contact information through the Program website, WiserAdvisor will introduce you to investment professionals that are in your geographic area, including in your case, an investment adviser (“Advisor”) of Scarborough Capital Management. It is up to you to interview the Advisor and decide whether you want to hire them. If you decide to hire Advisor, you will enter into an agreement directly with that Advisor to provide you with investment advisory services.
Advisor has entered into an arrangement with WiserAdvisor under which Advisor pays a flat fee to WiserAdvisor to advertise their services through the Program and to receive client referrals in the form of an initial introduction to interested consumers who are located in Advisor’s geographic region, using the following payment schedule:
Lead Pricing Schedule
|Self-Reported Portfolio Size of Prospects||Price Paid by Advisor Per Lead|
|Less than $50,000||$40|
|Portfolio Sizes $50,000-$100,000||$70|
|Portfolio Sizes $100,000-$250,000||$100|
|Portfolio Sizes $250,000-$500,000||$150|
|Portfolio Sizes $500,000- $1 million||$180|
|Portfolio Sizes $1 million - $3 million||$225|
|Portfolio Sizes $3 million plus||$300|
|Undisclosed (Prefer to Disclose Directly to Advisor)||$90|
Advisors who participate in the WiserAdvisor program pay fees that are limited to a budget amount the Advisor sets in advance. Once an Advisors budget has been exhausted, that Advisor will not be presented again until the next billing cycle starts. As a consequence, WiserAdvisor has a financial incentive to present certain Advisors based on the amount of fees they have committed to participating in the program.
The fees paid by the Advisor to WiserAdvisor are paid irrespective of whether you become a client of Advisor, and are not passed along to you. You will not pay any increased fee to Advisor or Scarborough Capital Management as a result of the arrangement.
WiserAdvisor is not a current client of Scarborough Capital Management or any of its representatives. WiserAdvisor is also not affiliated with Scarborough Capital Management and neither WiserAdvisor nor any of its representatives are authorized to provide investment advice on behalf of Scarborough Capital Management or to act for or bind Scarborough Capital Management. No investment advisory agreement with Advisor will become effective until accepted by Advisor and Scarborough Capital Management.