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Client Relationship Summary

Executive Wealth Management, or “EWM”, is a registered investment advisor with the Securities and Exchange Commission. Brokerage and investment advisory services and fees differ, and we feel it is important for you to understand the differences in order to determine which type of account is right for you.


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. Being that this form CRS is limited to two pages, we encourage you to view our full set of disclosures HERE:
https://adviserinfo.sec.gov/firm/brochure/140736.


WHAT INVESTMENT SERVICES AND ADVICE CAN YOU PROVIDE ME?

We offer investment advisory services to retail investors. These services include discretionary asset management, financial planning, retirement account management, and wrap fee programs. Many of our Private Wealth Advisors are also registered representatives of a broker dealer. The services they offer while in that capacity differs than services offered through Executive Wealth Management and are disclosed separately.

EWM is primarily a discretionary investment advisor which means we make decisions to buy and sell securities in your accounts without first obtaining your permission. We also offer non-discretionary services where we are obtaining your permission before making trades, or you are responsible for implementing trades recommended.

EWM Offers continuous and ongoing monitoring of the assets under our discretionary asset management. Non-discretionary accounts generally do not undergo this continuous monitoring unless contracted separately. Retirement or other outside accounts that you engage EWM to manage require client login information. Changes to login information would limit our ability to access these accounts. You can find additional information in our Firm Brochure referenced above. You will meet with your EWM Private Wealth Advisor at least annually either face to face, by phone, or webinar.

We do not currently impose minimum account balance requirements for opening or maintaining an account with our firm. Our wrap fee program has a $2,000.00 minimum initial investment/account size to participate.

Ask your Private Wealth Advisor:

Given my financial situation, should I choose an investment advisory service? Why or why not?

How do you choose investments you recommend to me?

What is your relevant experience, including your licenses, education, and other qualifications? What do these qualifications mean?


WHAT FEES WILL I PAY?

Our fee structure differs based on the services we are providing you. Our clients are charged asset-based fees based on the total value of your assets under management contracted with us. This advisory fee is up to 1.5% of that value and an administrative fee of up to .50% of that value. Our administrative fee is subject to an annual minimum of $35.00. If you participate in our managed wrap fee program, as most of our clients do, the fee for this program is taken from these fees. Clients who hire us to strictly to do financial planning typically pay from $250-$2,000 depending on complexity.

Certain products we choose for your accounts charge additional fees to their shareholders. Some examples are mutual funds or options. We use these products from time to time, and others, in the management of your account. The EWM fees indicated are not the only fees that you pay. It is important to discuss the total cost of investing your assets with your Private Wealth Advisor.

Asset based fees and administrative fees are billed quarterly in advance by directly debiting from your managed accounts. Those who engage us for Financial Planning services only pay by check to ‘Executive Wealth Management’.

Most of our asset-based fee clients participate in our wrap fee program which includes most transaction costs and fees to a broker-dealer or bank that has custody of these assets. Therefore, these fees are higher than a typical asset-based advisory fee. Consequently, such smaller accounts are costly, and you may determine are impractical to maintain with the firm. We have a separate disclosure for our Wrap Fee Program that you can review here or go to:
https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=644820

The fees are tiered as outlined in our ADV Part 2A, Item 5 Fees and Compensation and Wrap Fee Brochure. The more assets there are in your accounts, the more you will pay in fees. We may, therefore, have an incentive to encourage you to increase assets in your accounts managed with us. 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.

Ask your Private Wealth Advisor:

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 ARE OUR LEGAL OBLIGATIONS TO YOU WHEN ACTING AS YOUR INVESTMENT ADVISOR? HOW DOES YOUR FIRM MAKE MONEY AND WHAT CONFLICTS OF INTEREST DO YOU HAVE?

When we act 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. Our firm makes money based on the fees you pay for our services. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here is an example to
help you understand what that means.

We participate in a referral relationship with TD Ameritrade called the TD Advisor Direct program. If you come to EWM through that program, though you are not charged differently, we share a portion of the fees you pay us with TD Ameritrade. Referrals from TD Ameritrade are based, in part, on the growth of previously referred client accounts and retention of those relationships, so we have additional incentive to grow and retain your account to earn more referrals. Individual Private Wealth Advisors have their conflicts addressed in their form ADV Part 2B which you have received a copy.

We also have affiliate companies that we receive benefit from when, or if, you do business with them; Fortunatus Investments, LLC, EWM Tax Solutions, LLC and Executive Financial Planning. This is a conflict of interest in that we have financial incentive to refer you to these companies over others that offer the same or similar services. We are all owned by the same parent company EWM Capital, LLC. The steps and processes we take to mitigate this and other conflicts are described further in Item 9 of our disclosure brochure. 

Fortunatus Investments, LLC provides models we utilize in our wrap fee program and is also an SEC registered investment advisor. They have their own FORM CRS and set of disclosure documents. You may access them HERE or by going to:
https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=630930.

Ask your Private Wealth Advisor:

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

HOW DO YOUR FINANCIAL PROFESSIONALS MAKE MONEY?

EWM Private Wealth Advisors can be paid in several ways including a salary, discretionary bonus and/or as a portion of the advisory fees that the firm collects from the accounts each Private Wealth Advisor services. The more assets in your account, the more you will pay in fees and therefore, we may have an incentive to encourage you to increase the assets in your account.

DO YOU OR YOUR FINANCIAL PROFESSIONALS HAVE LEGAL OR DISCIPLINARY HISTORY?

Yes. Though EWM as a firm does not have any legal or disciplinary history to report, some of our Private Wealth Advisors do. We encourage you to visit investor.gov/CRS for a free and simple search tool to research us and our Private Wealth Advisors.

Ask your Private Wealth Advisor:
As a financial professional, do you have any disciplinary history? For what type of conduct?

ADDITIONAL INFORMATION

You can find additional information on Executive Wealth Management by visiting the SEC's website at www.advisorinfo.sec.gov and searching CRD# 140736. You may also contact our firm at 810-229-6446 and speak with any of our Management team, Private Wealth Advisors or Client Service Associates.

Ask your Private Wealth Advisor:

Who is my primary contact person?

Are they a representative of an investment advisor or broker-dealer?


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

Check the background of this firm on FINRA’s BrokerCheck.