Our Fiduciary Obligation
What "fiduciary" means here
As an SEC-registered investment adviser under the Investment Advisers Act of 1940, Intellicapital Advisors, LLC owes a fiduciary duty to every client. This is a legal obligation — not a marketing label.
- Duty of Care: The obligation to provide advice that is in the client's best interest, based on a thorough understanding of the client's financial situation, investment objectives, and risk tolerance.
- Duty of Loyalty: The obligation to place the client's interests ahead of the firm's own interests, to avoid conflicts of interest, and to fully disclose any material conflicts that cannot be avoided.
What "fee-only" means here
Intellicapital Advisors does not receive commissions, sales charges, 12b-1 fees, revenue sharing, or product-based compensation from any third party. The firm's compensation is derived solely from advisory fees paid by clients.
Specifically, Intellicapital Advisors does not accept:
- Commissions on securities or insurance products
- 12b-1 fees or mutual fund distribution fees
- Revenue sharing from custodians or product sponsors
- Soft-dollar compensation
- Referral fees from other professionals
When annuities are appropriate for a client's situation, IAL sources commission-free annuities through DPL Financial Partners. IAL receives no commission or compensation from DPL or any annuity carrier.
Where client assets are held
Client assets are held at independent qualified custodians. Intellicapital Advisors does not take custody of client funds.
- Charles Schwab & Co., Inc.— Qualified Custodian
- Fidelity Investments— Qualified Custodian
Independent compliance oversight
AdvisorLaw, LLC serves as outside compliance counsel, providing independent oversight, periodic compliance reviews, and designated compliance resource for matters involving the chief compliance officer.
Verify our registration
Intellicapital Advisors, LLC is registered with the SEC (CRD# 316908). You can verify our registration, review our Form ADV, and check our disciplinary history on the SEC's Investment Adviser Public Disclosure (IAPD) website.
Disclosures
Registration with the SEC does not imply a certain level of skill or training.
Past performance is not indicative of future results. All investing involves risk, including loss of principal.
Information on this site is for general purposes only and is not legal, tax, or accounting advice. Consult qualified professionals about your specific situation.
BAFA Labs, Inc. is a technology company under common ownership with Intellicapital Advisors' principal owner that develops the BAFAos Wealth Management Platform used by the firm. This relationship is disclosed in Form ADV Part 2A Item 10. Clients do not pay separate fees to BAFA Labs.
Your folio, unwritten.
A one-hour conversation — no obligation, no deliverables, no cost. If we are the right fit, you will know. If we are not, we will tell you who is.