Form CRS - Customer Relationship Summary
OWLFI RIA, LLC
OWLFI RIA, LLC (“OWLFI”), is registered with the Securities and Exchange Commission (SEC) as an investment adviser. Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at www.Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
We provide discretionary portfolio management and non-management investment advisory services for individuals, families and businesses, as well as financial planning services to individuals and families.
When providing our discretionary investment management services, we not only make investment decisions but also implement these decisions and provide ongoing investment monitoring and quarterly reporting. We do not sell proprietary investment products or limit clients to certain types of investments. Portfolio management services are tailored to your individual needs and you may impose restrictions related to level of discretion granted, the types of investment used, etc. We do not require a minimum account size but reserve the right to accept or decline any engagement.
For additional information about the services we provide, please see Item 4 of our Form ADV Part 2A Brochure at www.owlfi.com.
Key questions to ask your financial professional:
Given my financial situation, should I choose an investment advisory service? Why or why not? How will you choose investments to 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?
When providing investment management services to individuals or families, we charge an ongoing assetbased fee. When providing financial planning services, we charge either a fixed amount or on an hourly basis.
Fees charged for a business’ retirement plan services may be fixed or asset based. Asset based fees create a conflict of interest in that the more an investor has in an account, the more the investor will pay in fees, giving the firm an incentive to encourage investors to increase assets in their accounts. Our asset-based fee is generally calculated and billed monthly in arrears and either deducted directly from your account or billed to you. Our fee is separate from all brokerage charges and any other custodial fees or expenses, mutual fund or ETF expenses, taxes, or other fees charged by outside parties.
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.
For additional information about the fees we charge, please see Item 5 of our Form ADV Part 2A Brochure at www.owlfi.com.
Key questions to ask your financial professional:
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested?
11/18/2021
What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
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 affect the investment advice we provide you. Here are some examples to help you understand what this means.
Some firms earn incentives by using proprietary products in client accounts, some firms share revenues with third parties for directing client business, and some firms buy and sell investments from their own inventory to their clients. We do not engage in any of these activities. We do however receive some benefits from our custodian in return for directing client business to them and the receipt of these benefits is a conflict of interest.
For additional information about our custodial arrangement, please see Item 12 of our Form ADV Part 2A Brochure at www.owlfi.com
Key questions to ask your financial professional:
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals are compensated with salary, revenue sharing for servicing accounts, and bonus compensation for generating new business. Our financial professionals do not receive economic benefit, sales awards or other compensation from outside parties in connection with investment product sales.
Do you or your financial professionals have legal or disciplinary history?
No. Visit Investor.gov/CRS for a free and simple search tool to research us and our professionals.
Key questions to ask your financial professional:
As a financial professional, do you have any disciplinary history? For what type of conduct?
Where to go for additional information
Please visit our website at www.owlfi.com or contact us at 888-256-6855 for a current copy of this summary, for our Form ADV Part 2 Brochure, or for additional information about our firm.
Key questions to ask your financial professional:
Who is my primary contact person? Is he or she a representative of an investment-adviser or a broker-dealer?
Who can I talk to if I have concerns about how this person is treating me?