Tara Collins

We typically charge fees based on a percentage of assets we manage for you, which will vary based on the size of your account and your investment strategy. The amount of the fee will be set forth in the investment management agreement you enter into with us and will be deducted quarterly from your account, unless another method of payment has been established. You will also pay the fees of your custodian and brokerage costs for buying and selling securities in your account. (We are not affiliated with any brokerdealer.) You will also directly or indirectly pay the fees and other costs of any type of fund or third-party account in which your assets are invested. Some of the funds we may recommend share a portion of their advisory fees with us, and we receive management fees from funds that we manage. This could give us a financial incentive to recommend those funds.

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.

You can find more detail about our fees and costs in our Brochure (Items 5.A, B, C, and D).

When we act as your investment adviser, we must 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. We may recommend that clients invest in funds that we manage. In some cases we receive payments from third-party managed funds or separately managed accounts based on the fees you pay to them. We direct client transactions for execution by broker-dealers who provide us research. The first two conflicts give us incentive to recommend some funds over others or direct investments. The third practice gives us an incentive to use certain broker-dealers to execute client trades.

You can find more detail about our conflicts of interest in our Form ADV, Part 2A Brochure.

In addition to a base salary, our financial professionals are compensated based on a non-discretionary bonus formula which considers, among other factors, the amount of assets for which they are responsible, the fees paid by the clients who invest those assets, the length of time the assets have been managed by Silvercrest, and the manner in which those clients were introduced to Silvercrest.