crew capital management, ltd. crd number 125402
TRANSCRIPT
Item1–CoverPage
CrewCapitalManagement,Ltd.CRDNumber125402
3881JessupRd,Cincinnati,OH45247
513-618-6460www.crewcapital.com
March30,2019
Part2A(“FirmBrochure”)
ThisdisclosuredocumentconsistsofFormADVParts2A&2B(FirmBrochureandSupplements)andprovidesinformationaboutthequalificationsandbusinesspracticesofCrewCapitalManagement,Ltd.(“CCM”).Ifyouhaveanyquestionsaboutthecontentsofthisdisclosuredocument,pleasecontactRobertF.Jung,ChiefComplianceOfficer,at513-618-6460,orrjung@crewcapital.com.TheinformationinthisdisclosuredocumenthasnotbeenapprovedorverifiedbytheUnitedStatesSecuritiesandExchangeCommission(“SEC”)orbyanystatesecuritiesauthority.
CrewCapitalManagement,Ltd.isaregisteredinvestmentadviser.RegistrationofanInvestmentAdviserdoesnotimplyanylevelofskillortraining.TheoralandwrittencommunicationsofanAdviserprovideyouwithinformationaboutwhichyoudeterminetohireorretainanAdviser.
AdditionalinformationaboutCrewCapitalManagement,Ltd.alsoisavailableontheSEC’swebsiteatwww.adviserinfo.sec.gov.
Item2–MaterialChanges
SincefilingthelastcopyoftheFirmBrochure,thefollowinghaschanged:
• While there have no material changes since the Firm’s last update in March 2018, the Firm has updated several non-material items
o Item 5: Assets Under Management was updated. o The Chief Compliance Officer information was updated.
WheneveryouwouldliketoreceiveacompletecopyofourFirmBrochure,itisavailablewithoutchargebycontactingRobertF.Jung,ChiefComplianceOfficer,at513-618-6460,[email protected]
AdditionalinformationaboutCrewCapitalManagement,Ltd.isalsoavailableviatheSEC’swebsitewww.adviserinfo.sec.gov.TheSEC’swebsitealsoprovidesinformationaboutanypersonsaffiliatedwithCrewCapitalManagement,Ltd.whoareregistered,orarerequiredtoberegistered,asinvestmentadviserrepresentativesofCrewCapitalManagement,Ltd.
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Item3–TableofContents
Item1–CoverPage..................................................................................................................................................i
Item2–MaterialChanges....................................................................................................................................ii
Item3–TableofContents...................................................................................................................................iii
Item4–AdvisoryBusiness..................................................................................................................................4
Item5–FeesandCompensation.......................................................................................................................4
Item6–Performance-BasedFeesandSide-By-SideManagement....................................................5
Item7–TypesofClients.......................................................................................................................................6
Item8–MethodsofAnalysis,InvestmentStrategiesandRiskofLoss.............................................6
Item9–DisciplinaryInformation.....................................................................................................................7
Item10–OtherFinancialIndustryActivitiesandAffiliations.............................................................7
Item11–CodeofEthics........................................................................................................................................7
Item12–BrokeragePractices............................................................................................................................7
Item13–ReviewofAccounts.............................................................................................................................8
Item14–ClientReferralsandOtherCompensation................................................................................8
Item15–Custody.....................................................................................................................................................9
Item16–InvestmentDiscretion.......................................................................................................................9
Item17–VotingClientSecurities.....................................................................................................................9
Item18–FinancialInformation......................................................................................................................10
Item19–RequirementsforState-RegisteredAdvisers.......................................................................10
Part2B-BrochureSupplements
Item4–AdvisoryBusiness
CrewCapitalManagement,Ltd.(“CCM”)isaRegisteredInvestmentAdviserwiththeStateofOhio.CCMwasfoundedbyRobertF.Jung,CFA,CPA,inJanuary2003.AsofJanuary1,2017,CCMwasassigned100%ownershiptoRFJHoldingsInc.RFJHoldingsInc.isaSCorporationownedbyRobertF.Jung.CCMprovidesinvestmentcounselandportfoliomanagementona“feeonly”basis.CCMdoesnotcollectorreceivecommissionrevenue.CCMusesunaffiliatedcompaniesforcustodialandotheradministrativeservices.
CCMobtainsinvestorprofiledatafromclientstoassistintheselectionofsuitableinvestments,assetallocationsandportfoliomanagement.Investmentstrategyisbasedontheclient’sspecificgoals,risktolerance,taxstatusandfinancialsituation.ClientsofCCMmayrestrictinvestmentincertainsecuritiesortypesofsecurities.CCMcannotcontroltherestrictedinvestmentinfundsitmayutilizeintheclient’sportfolios.
CCMalsoworkswithclientstoimplementaninvestmentprograminwhichclientaccountsaresub-managedbyindependentthird-partymoneymanagers.Morespecifically,Crewwillassistclientsindeterminingtheappropriateallocationoftheclients’investedassetsamongdifferentassetclasses,andinturnmayrecommendoneormorethird-partymoneymanagerswhospecializeineachofthoseassetclasses.Thethird-partymanagerswillberesponsibleforcontinuouslymonitoringtheclientaccountandmakingtradeswhennecessary.
CCMalsoprovidesfinancialplanningservices.CCMdefinesfinancialplanningasRetirementPlanning,CashFlowPlanning,EstatePlanning,IncomeRiskPlanning(LifeandDisabilityInsurance)andTaxPlanning.FinancialPlanningclientsarechargedanhourlyorflatfeenegotiatedandagreeduponbeforethestartofplanning.
AsofMarch2019,CCMhaddiscretionaryassetsundermanagementintheamountof$ 71,655,878.CCMdoesnotcurrentlymanageanynon-discretionaryassets.
Item5–FeesandCompensation
CCMchargesfeesbasedonapercentageofassetsundermanagementaswellasfixedfees,dependingontheparticulartypesofservicestobeprovided.ThespecificfeeschargedbyCCMforservicesprovidedwillbesetforthineachclient’sAgreement.CCMdoesnotchargeaseparatefinancialplanningfee.
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StandardFeeScheduleTotal Assets Under Management per
Account Annual Investment Management Fee $0 to $500,000 1.25%
$500,001 to $1,000,000 1.00% $1,000,001 to $5,000,000 0.75%
Over $5,000,000 0.50%
Minimum Fee per quarter is $500
Feesarebasedonthefairmarketvalueoftheassetsundermanagementintheaccountandarechargedonaproratabasis,quarterlyinadvancebasedontheassetvaluationatendofthepriorcalendarquarter.Thefeecanbedeductedfromtheclient’saccountorbilleddirectlytotheclient.UponterminationoftheInvestmentAdvisoryAgreement,theclientisentitledtoaproratarefundofanyprepaidAdvisoryfeesbasedonthenumberofdaysremaininginthequarterfollowingtermination.ThisfeedoesnotincludethefeesoftheCustodianoranyunderlyingFunds/Managers.WheretheCustodianchargesseparatefeesorexpenses,youwillpaythosefeesseparatelyfromyouradvisoryfeepayabletoCCM.Youwillalso,whereapplicable,separatelypaymutualfundexpenses,brokerageandothertransactioncosts.Formoreinformationaboutbrokerage,pleaseseeItem12.
CCM reserves the right to negotiate a “client specific” fee schedule based on theclient’s needs, objective, constraints and unique situation. CCMmay also providePortfolio Management services for an annual fixed fee ranging from $10,000 to$25,000, depending on the complexity of the services provided.The annual fee ischargedquarterly at the endof each calendarquarter. If a fixed fee isnegotiated,thatfeewillbelistedintheAdvisoryAgreementandDisclosureStatement.
Inaddition,CCMmayrecommendSeparatelyManagedAccountsor529accounts.Inthesecases,CCMwillchargeamanagementfeeforanyofthesetypesofassetsunderourmanagement.Thethird-partymanagersoftheseaccountswillalsochargeafee.Accordingly,theclientshouldreviewboththefeeschargedbythethird-partymanagersandthefeeschargedbyCCMtofullyunderstandthetotalamountoffeestobepaidbytheclientandtotherebyevaluatetheadvisoryservicesbeingprovided.
Item6–Performance-BasedFeesandSide-By-SideManagement
NotApplicable.
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Item7–TypesofClients
CCM provides services to individuals, corporations, partnerships, pension andprofit sharing plans, trusts, endowments and others institutions. Investmentadvice is provided directly to clients or through third-party registeredinvestmentadvisersandtheirrepresentatives.
CCM’sgeneralaccountminimumis$250,000,butCCMreservestherighttowavetheminimumaccountsizeandminimumfeecharged.
Item8–MethodsofAnalysis,InvestmentStrategiesandRiskofLoss
CCM’sinvestmentobjectiveistoseekconsistentaboveaveragereturnsprimarilythroughcapitalappreciationandincome.CCMstartswithadiscussionofourcoreportfoliohighlightingtheportfolio’skeyattributes.Thecoreportfolioisinvested65%inEquitiesand35%FixedIncome/Cash.Theequityportionwillincludeeightequitysubclasses:USLargeCompany,USMid-Company,USSmallCompany,DevelopedInternational,EmergingMarket,GlobalRealEstate,NatureResourcesandCommodities.TheFixedIncome/Cashportionincludesfoursubclasses:USAggregateBonds,InflationProtectedBonds,InternationalBonds,andMoneyMarket.
Basedontheclient’suniquesituation(return/riskprofile)andaccountsize,CCMwilladjusttheportfolioappropriately.CCMactivelymanagesinvestoraccountsutilizingcombinationsofindividualsecurities,funds,ETFsandthird-partymanagersseekingtoachievehigherreturnswithlessriskinbothrisingandfallingmarkets.Theobjectiveistoachievetheseresultsbyselectinginvestments,managersandstyleswhoseperformanceisindependentoftheotherinvestments,fundsandmanagers.
Programresultsarenotguaranteedtoproduceprofitsasmanyotherfactorsenterintotheinvestmentprocess,includingeconomicandmarketactivity.Pastperformanceisnotapredictionoffutureresults.Noassurancecanbegiven,however,thatitsobjectiveswillbeachievedandsuchinvestmentsinvolvesriskofloss,includinglossofprincipal,thatClientsshouldbepreparedtobear.TheserisksalsoapplytoallinvestmentsutilizedbyCCM.
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Item9–DisciplinaryInformation
RegisteredinvestmentadvisersarerequiredtodiscloseallmaterialfactsregardinganylegalordisciplinaryeventsthatwouldbematerialtoyourevaluationofCCMortheintegrityofCCM’smanagement.
CCMhasnoinformationapplicabletothisItem.
Item10–OtherFinancialIndustryActivitiesandAffiliations
None.
Item11–CodeofEthics
TheemployeesofCCMhavecommittedtoaCodeofEthicsdescribingitshighstandardofbusinessconduct,andfiduciarydutytoitsclients.Thekeypointsare:puttingtheclients’interestfirst,objectivity,confidentiality,competence,fairnessandsuitability,integrityandhonesty,regulatorycompliance,fulldisclosure,andprofessionalism.ThefirmwillprovideacopyoftheCodeofEthicstoanyclientorprospectiveclientuponrequest.
CCM’sCodeofEthicssubstantiallydrawsupontheCFAInstitute’sCodeofEthicswhichcanbefoundathttp://cfainstitute.org.
CCManditsemployeesmayattimesbuyorsellsecuritiesthatarealsoheldbyclients.Employeesmaynottradetheirownsecuritiesaheadofclienttrades.EmployeescomplywiththeprovisionsoftheCCM’s“CompliancePolicies&ProceduresManual”.AllsupervisedpersonsatCCMmustacknowledgethetermsoftheCodeofEthicsannually,orasamended.
TheChiefComplianceOfficerofCCMisRobertF.Jung.Mr.Jungreviewsallemployeetradeseachquarter.Thesequarterlytradereviewsensurethatthepersonaltradingofemployeeswasnotbasedoninsideinformationandthatclientsofthefirmreceivepreferentialtreatment.
Item12–BrokeragePractices
CCMrecommendsbrokersandcustodiansbasedontheprovenintegrity,financialresponsibilityandqualityofclientservice.CCMrecommendsbrokeragefirmsand
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trustcompanies(qualifiedcustodians),suchasTDAmeritrade,SchwabandUSBankN.A.CCMdoesnotreceivefees,commissionsorsoftdollarbenefitsfromanyofthesearrangements.CCMdoesnotroutinelyrecommend,requestorrequirethataclientdirecttheexecutionoftransactionsthroughaspecifiedbroker-dealer.Notalladvisersrequiretheirclientstodirectbrokerage.Whenclientsdirectbrokerage,CCMmaybeunabletoachievemostfavorableexecutionofclienttransactions,andthatthispracticemaycostclientsmoremoney.
Inselectingabrokeragefirm,weconsidertheintegrity,experience,cost,productavailability,responsivenessandcapabilityofhandlingclientaccountsandtransactionsofthebrokerwhendeterminingwhichbrokerprovidesbestexecutionforclienttransactions.Inseekingbestexecution,thedeterminativefactorisnotthelowestpossiblecostbutwhetherthetransactionrepresentsthebestqualitativeexecution,takingintoconsiderationthefullrangeofabroker-dealer’sservices.
Generally,CrewCapitalManagementrecommendsSchwabandTDAmeritradetoourclientsbecausewehavefoundthattheyofferacomprehensive,competitivelypricedproduct,includingfeaturessuchasInternetaccesstoclientaccounts,cashmanagement,awiderangeofinvestmentproducts,andreasonablecommissionsandfees.SchwabandTDAmeritrade’scommissionschedulesareperiodicallyreviewedandcomparedtothoseofindustryleaderstoensuretheyarefairandcompetitive.BothSchwabandTDAmeritradealsohavevarioussupportservicesavailablewhichhelpusmanageoradministerourclients’accountswhileotherhelpusmanageandgrowourbusiness.SchwabandTDAmeritrade’ssupportservicesaregenerallyavailableonanunsolicitedbasis(wedon’thavetorequestthem)andatnochargetous.ThesesupportservicesmaygiveusanincentivetorecommendthatyoumaintainyouraccountwitheitherSchwaborTDAmeritrade.Thisisapotentialconflictofinterest.Webelieve,however,thatourselectionofboth,ascustodianandbrokerisinthebestinterestsofourclients.
CCM,whenable,willaggregatethepurchaseorsaleofsecuritiesforvariousclientaccounts.Byaggregatingtradeswhenable,CCMisabletoreducetransactionalcostsforourclients.
Item13–ReviewofAccounts
AllaccountsareunderthesupervisionofCCM’sInvestmentCommittee.TheInvestmentCommitteemeetsonanongoingbasistoreviewaccountperformanceanddetermineactionstotake.EachaccountisreviewedbyamemberoftheInvestmentCommitteeatleastweekly.CCMpersonnelareavailabletodiscussthisinformationwiththeclientatanytime.
Item14–ClientReferralsandOtherCompensationAspartofitsfiduciarydutiestoclients,CCMseekstoatalltimestoputtheinterestsofitsclientsfirst.Nopersonwillbecompensatedforreferring,solicitingorotherwiseintroducingadvisoryclientstoCCMunlessawrittenReferralAgreementandDisclosureDocumentissignedanddatedbytheclient,thereferrerandCCM.
Item15–Custody
Clientsshouldreceiveatleastquarterlystatementsfromthebrokerdealer,bankorotherqualifiedcustodianthatholdsandmaintainsclient’sinvestmentassets.CCMurgesclientstocarefullyreviewsuchofficialcustodialrecords.CCMprovidessupplementalstatementstoexplaintheinvestmentstrategy,assetallocationandmarketperspective.CCMstatementsmayvaryfromcustodialstatementsbasedonaccountingprocedures,reportingdates,orvaluationmethodologiesofcertainsecurities.
AccordingtoarecentrulingbytheSEC,investmentadvisersaredeemedtohave“custody”ofclientfundsifcertainconditionsaremet.CCMistechnicallyconsideredtohave“limitedcustody”inthatCCMdebtsaccountsforCCM’sInvestmentAdviserFees.
Ingeneral,CCM’spolicyistonothavecustodyoverclientassets.
Item16–InvestmentDiscretion
CCMusuallyreceivesdiscretionaryauthoritytomanagesecuritiesaccountsonbehalfofclients.Thediscretionislimitedtotheamountandtypeofsecuritiestobeboughtorsold.CCMdoeshaveinstitutionalrelationshipswithTDAmeritradeandSchwab.Inallcases,discretionistobeexercisedinamannerconsistentwiththestatedinvestmentobjectivesfortheparticularclientaccount.
Whenselectingsecurities,funds,ETFs,managersanddeterminingamounts,CCMobservestheinvestmentpolicies,limitationsandrestrictionsoftheclientsforwhichitadvises.InvestmentguidelinesandrestrictionsmustbeprovidedtoCCMinwriting.
Item17–VotingClientSecuritiesCCMisresponsibleforvotingclientproxies,buttheclientcandirectCCMtonotvoteproxiesinwriting.Theclientmaintainsexclusivesoleresponsibilityforalllegalproceedings,classactionsuitsorothereventspertainingtotheaccountassets.CCM
votesproxiesaccordingtoitsProxyVotingPolicy.AclientmayrequestacopyofCCM’ProxyVotingPolicy.CCMmonitorscorporateactionsofindividualissuersandinvestmentcompaniesconsistentwithCCM’sfiduciarydutytovoteproxiesinthebestinterestsofitsclients.AlthoughthefactorsCCMconsidersinaproxyvotemaydifferonacasebycasebasis,theymayincludeareviewofrecommendationsfromissuer’smanagement,shareholderproposals,costeffectsofsuchproposals,effectonemployeesandexecutiveanddirectorcompensation.ItisCCM’sgeneralpolicy,however,tovoteinaccordancewithmanagement.IndividualissuersmaysolicitCCMtovoteonmattersincludingcorporategovernance,adoptionoramendmentstocompensationplans(includingstockoptions),andmattersinvolvingsocialissuesandcorporateresponsibility.Investmentcompanies,likemutualfunds,maysolicitCCMtovoteonmattersincludingtheapprovalofadvisorycontracts,distributionplans,andmergers.CCMmaintainsrecordsonitsproxyvotingasrequiredbyRule204-2(c)(2)oftheInvestmentAdvisersActof1940.CopiesofRules206(4)-6and204-2(c)(2)areavailabletoclientsuponwrittenrequest.ClientsmayrequestfurtherinformationastohowCCMvotedonanyspecificproxyissuesbycontactingRobertF.Jung,CCM’sChiefComplianceOfficer.
Item18–FinancialInformation
RegisteredinvestmentadvisersarerequiredinthisItemtoprovideyouwithcertainfinancialinformationordisclosuresaboutCCM’sfinancialcondition.CCMhasnofinancialcommitmentthatimpairsitsabilitytomeetcontractualandfiduciarycommitmentstoclients,andhasnotbeenthesubjectofabankruptcyproceeding.
Item19–RequirementsforState-RegisteredAdvisers
PleaseseetheattachedPart2B(“BrochureSupplements”).
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BrochureSupplement–Part2B
RobertF.Jung
3881JessupRd.Cincinnati,OH45247
513-618-6460www.crewcapital.com
March30,2019CRDNumber:2080426
Part2B(“BrochureSupplement”)
ThisBrochureSupplementprovidesinformationaboutRobertF.JungthatsupplementstheCrewCapitalManagementBrochure.Youshouldhavereceivedacopyofthatbrochure.PleasecontactRobert F. Jung, Chief Compliance Officer, at 513-618-6460, or [email protected].,ifyoudidnotreceiveCrewCapitalManagement’sBrochureorifyouhaveanyquestionsaboutthecontentsofthissupplement.
AdditionalinformationaboutRobertF. JungisavailableontheSEC’swebsiteatwww.adviserinfo.sec.gov.
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Item2–EducationBackgroundandBusinessExperienceRobertF.Jung,CFA,CPA(CPAInactive)
ManagingDirector/ChiefInvestmentOfficer
Born: 1963
FormalEducationafterHighSchool
BachelorofBusinessAdministration,UniversityofCincinnati,1986
Major:AccountingandFinance
ProfessionalDesignationCompleted:
CharteredFinancialAnalyst,2000,CharterNumber37302
CertifiedPublicAccountant,1990(Ohio),CertificateNumber27391
RecentBusinessBackground:
InvestmentExperience
UBS/PaineWebber–FitzgeraldLameTorbeckGroup(HighNetWorthWealthManagementGroup)AccountExecutive(2001-2003),(1990-1991)
Bartlett&Co.–PortfolioManager(1997-2001)
U.S.Bank–PortfolioManager,TrustOfficer,VP(1993-1997)
PublicAccounting–TaxFocus
Mellott&Mellott,StaffAccountant(1986-1988)
Ernst&Whinney,SeniorTaxAccountant(1988-1990)
PriceWaterhouse,SeniorTaxAccountant(1991-1993)
TheCharteredFinancialAnalyst(CFA)charterisagloballyrespected,graduate-levelinvestmentcredentialestablishedin1962andawardedbyCFAInstitute—thelargestglobalassociationofinvestmentprofessionals.
Therearecurrentlymorethan100,000CFAcharterholdersworkingin134countries.ToearntheCFAcharter,candidatesmust:1)passthreesequential,six-hourexaminations;2)haveatleastfouryearsofqualifiedprofessionalinvestmentexperience;3)joinCFAInstituteasmembers;and4)committoabideby,and
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annuallyreaffirm,theiradherencetotheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct.
HighEthicalStandardsTheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct,enforcedthroughanactiveprofessionalconductprogram,requireCFAcharterholdersto:
• Placetheirclients’interestsaheadoftheirown• Maintainindependenceandobjectivity• Actwithintegrity• Maintainandimprovetheirprofessionalcompetence• Discloseconflictsofinterestandlegalmatters
GlobalRecognitionPassingthethreeCFAexamsisadifficultfeatthatrequiresextensivestudy(successfulcandidatesreportspendinganaverageof300hoursofstudyperlevel).EarningtheCFAcharterdemonstratesmasteryofmanyoftheadvancedskillsneededforinvestmentanalysisanddecisionmakingintoday’squicklyevolvingglobalfinancialindustry.Asaresult,employersandclientsareincreasinglyseekingCFAcharterholders—oftenmakingthecharteraprerequisiteforemployment.
Additionally,regulatorybodiesin22countriesandterritoriesrecognizetheCFAcharterasaproxyformeetingcertainlicensingrequirements,andmorethan125collegesanduniversitiesaroundtheworldhaveincorporatedamajorityoftheCFAProgramcurriculumintotheirownfinancecourses.
ComprehensiveandCurrentKnowledgeTheCFAProgramcurriculumprovidesacomprehensiveframeworkofknowledgeforinvestmentdecisionmakingandisfirmlygroundedintheknowledgeandskillsusedeverydayintheinvestmentprofession.ThethreelevelsoftheCFAProgramtestproficiencywithawiderangeoffundamentalandadvancedinvestmenttopics,includingethicalandprofessionalstandards,fixed-incomeandequityanalysis,alternativeandderivativeinvestments,economics,financialreportingstandards,portfoliomanagement,andwealthplanning.
TheCFAProgramcurriculumisupdatedeveryyearbyexpertsfromaroundtheworld to ensure that candidates learn the most relevant and practical newtools, ideas, and investment and wealth management skills to reflect thedynamicandcomplexnatureoftheprofession.
TolearnmoreabouttheCFAcharter,visitwww.cfainstitute.org.
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Item3–DisciplinaryInformationMr.Junghasnotbeennoriscurrentlysubjecttoanycriminal,civilordisciplinaryaction.
Item4–OtherBusinessActivitiesBoardofDirectors,LivingArrangementsfortheDevelopmentallyDisabled(LADD),Cincinnati,Ohio
Item5–AdditionalCompensationNone.
Item6–SupervisionAllSupervisedpersonsatCrewmustworkwithintheinvestmentandbusinessguidelinesestablished.MatthewA.Swendiman,CFA,InvestmentAdvisoryRepresentativeofCrewCapitalManagement,Ltd.,providesadditionallegalandcomplianceoversightofMr.Jung’sactivities.
Item7–StateRegisteredAdvisersMr.JunghasNOTbeeninvolvedinanyoftheeventslistedbelow.1.Anawardorotherwisebeingfoundliableinanarbitrationclaimallegingdamages:• inexcessof$2,500,involvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
2.Anawardorotherwisebeingfoundliableinacivil,self-regulatoryorganization,oradministrativeproceedinginvolvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
• Mr.JunghasNOTbeenthesubjectofabankruptcypetitioninthepasttenyears.
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BrochureSupplement–Part2B
ScottH.Dooley
3881JessupRd.Cincinnati,OH45247
513-618-6460www.crewcapital.com
March30,2019CRDNumber:4366421
Part2B(“BrochureSupplement”)
ThisBrochureSupplementprovidesinformationaboutScottH.DooleythatsupplementstheCrewCapitalManagementBrochure.Youshouldhavereceivedacopyofthatbrochure.PleasecontactRobertF.Jung,ChiefComplianceOfficer,at513-618-6460,[email protected].,ifyoudidnotreceiveCrewCapitalManagement’sBrochureorifyouhaveanyquestionsaboutthecontentsofthissupplement.
AdditionalinformationaboutScottH.DooleyisavailableontheSEC’swebsiteatwww.adviserinfo.sec.gov.
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Item2–EducationBackgroundandBusinessExperienceScottH.Dooley–InvestmentAdvisoryRepresentative
Born: 1962
FormalEducationafterHighSchool:UniversityofCincinnati,BBA,1984
ProfessionalDesignationCompleted:CharteredFinancialAnalyst
RecentBusinessBackground:HabererRegisteredInvestmentAdvisor,Inc.VariousTitles(mostrecently,VP&SeniorPortfolioManager),1995-2014
TheCharteredFinancialAnalyst(CFA)charterisagloballyrespected,graduate-levelinvestmentcredentialestablishedin1962andawardedbyCFAInstitute—thelargestglobalassociationofinvestmentprofessionals.
Therearecurrentlymorethan100,000CFAcharterholdersworkingin134countries.ToearntheCFAcharter,candidatesmust:1)passthreesequential,six-hourexaminations;2)haveatleastfouryearsofqualifiedprofessionalinvestmentexperience;3)joinCFAInstituteasmembers;and4)committoabideby,andannuallyreaffirm,theiradherencetotheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct.
HighEthicalStandardsTheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct,enforcedthroughanactiveprofessionalconductprogram,requireCFAcharterholdersto:
• Placetheirclients’interestsaheadoftheirown• Maintainindependenceandobjectivity• Actwithintegrity• Maintainandimprovetheirprofessionalcompetence• Discloseconflictsofinterestandlegalmatters
GlobalRecognitionPassingthethreeCFAexamsisadifficultfeatthatrequiresextensivestudy(successfulcandidatesreportspendinganaverageof300hoursofstudyperlevel).EarningtheCFAcharterdemonstratesmasteryofmanyoftheadvancedskillsneededforinvestmentanalysisanddecisionmakingintoday’squicklyevolvingglobalfinancialindustry.Asaresult,employersandclientsareincreasinglyseekingCFAcharterholders—oftenmakingthecharteraprerequisiteforemployment.
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Additionally,regulatorybodiesin22countriesandterritoriesrecognizetheCFAcharterasaproxyformeetingcertainlicensingrequirements,andmorethan125collegesanduniversitiesaroundtheworldhaveincorporatedamajorityoftheCFAProgramcurriculumintotheirownfinancecourses.
ComprehensiveandCurrentKnowledgeTheCFAProgramcurriculumprovidesacomprehensiveframeworkofknowledgeforinvestmentdecisionmakingandisfirmlygroundedintheknowledgeandskillsusedeverydayintheinvestmentprofession.ThethreelevelsoftheCFAProgramtestaproficiencywithawiderangeoffundamentalandadvancedinvestmenttopics,includingethicalandprofessionalstandards,fixed-incomeandequityanalysis,alternativeandderivativeinvestments,economics,financialreportingstandards,portfoliomanagement,andwealthplanning.
TheCFAProgramcurriculumisupdatedeveryyearbyexpertsfromaroundtheworldtoensurethatcandidateslearnthemostrelevantandpracticalnewtools,ideas,andinvestmentandwealthmanagementskillstoreflectthedynamicandcomplexnatureoftheprofession.
TolearnmoreabouttheCFAcharter,visitwww.cfainstitute.org.
Item3–DisciplinaryInformation
Ihavenotbeennoramcurrentlysubjecttoanycriminal,civilordisciplinaryaction.
Item4–OtherBusinessActivities
None.
Item5–AdditionalCompensation
None.
Item6–SupervisionAllSupervisedpersonsatCrewmustworkwithintheinvestmentandbusinessguidelinesestablished.RobertF.Jung,ManagingDirectorofCrewCapitalManagement,Ltd.,supervisesMr.Dooley’sactivities.
Item7–StateRegisteredAdvisersMr.DooleyhasNOTbeeninvolvedinanyoftheeventslistedbelow.
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1.Anawardorotherwisebeingfoundliableinanarbitrationclaimallegingdamages:• inexcessof$2,500,involvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
2.Anawardorotherwisebeingfoundliableinacivil,self-regulatoryorganization,oradministrativeproceedinginvolvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
• Mr.DooleyhasNOTbeenthesubjectofabankruptcypetitioninthepasttenyears.
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BrochureSupplement–Part2B
MatthewA.Swendiman
3881JessupRd,Cincinnati,OH45247
513-618-6460www.crewcapital.com
March30,2019CRDNumber:2849367
Part2B(“BrochureSupplement”)
ThisBrochureSupplementprovidesinformationaboutMatthewA.SwendimanthatsupplementstheCrewCapitalManagementBrochure.Youshouldhavereceivedacopyofthatbrochure.PleasecontactRobertF.Jung,ChiefComplianceOfficer,at513-618-6460,[email protected].,ifyoudidnotreceiveCrewCapitalManagement’sBrochureorifyouhaveanyquestionsaboutthecontentsofthissupplement.
AdditionalinformationaboutMatthewA.SwendimanisavailableontheSEC’swebsiteatwww.adviserinfo.sec.gov.
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Item2–EducationBackgroundandBusinessExperienceMatthewA.Swendiman–InvestmentAdvisoryRepresentative
Born: 1973
FormalEducationafterHighSchool:TheOhioStateUniversity,B.A.,TheOhioStateUniversity,J.D.UniversityofConnecticut,LL.M
ProfessionalDesignationsCompleted:CharteredFinancialAnalyst(CFA)CharteredLifeUnderwriter(CLU)CharteredFinancialConsultant(ChFC)
RecentBusinessBackground:President,JCMFinancialServicesConsulting,LLC,November2018-PresentChiefExecutiveOfficer,GraydonComplianceSolutions,LLC,February2014-November2018OfCounsel,GraydonHead&Ritchey,LLP,September2012-November2018President,SwendimanWealthStrategies,Inc.,October2011-October2014
TheCharteredFinancialAnalyst(CFA)charterisagloballyrespected,graduate-levelinvestmentcredentialestablishedin1962andawardedbyCFAInstitute—thelargestglobalassociationofinvestmentprofessionals.
Therearecurrentlymorethan100,000CFAcharterholdersworkingin134countries.ToearntheCFAcharter,candidatesmust:1)passthreesequential,six-hourexaminations;2)haveatleastfouryearsofqualifiedprofessionalinvestmentexperience;3)joinCFAInstituteasmembers;and4)committoabideby,andannuallyreaffirm,theiradherencetotheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct.
HighEthicalStandardsTheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct,enforcedthroughanactiveprofessionalconductprogram,requireCFAcharterholdersto:
• Placetheirclients’interestsaheadoftheirown• Maintainindependenceandobjectivity• Actwithintegrity• Maintainandimprovetheirprofessionalcompetence• Discloseconflictsofinterestandlegalmatters
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GlobalRecognitionPassingthethreeCFAexamsisadifficultfeatthatrequiresextensivestudy(successfulcandidatesreportspendinganaverageof300hoursofstudyperlevel).EarningtheCFAcharterdemonstratesmasteryofmanyoftheadvancedskillsneededforinvestmentanalysisanddecisionmakingintoday’squicklyevolvingglobalfinancialindustry.Asaresult,employersandclientsareincreasinglyseekingCFAcharterholders—oftenmakingthecharteraprerequisiteforemployment.
Additionally,regulatorybodiesin22countriesandterritoriesrecognizetheCFAcharterasaproxyformeetingcertainlicensingrequirements,andmorethan125collegesanduniversitiesaroundtheworldhaveincorporatedamajorityoftheCFAProgramcurriculumintotheirownfinancecourses.
ComprehensiveandCurrentKnowledgeTheCFAProgramcurriculumprovidesacomprehensiveframeworkofknowledgeforinvestmentdecisionmakingandisfirmlygroundedintheknowledgeandskillsusedeverydayintheinvestmentprofession.ThethreelevelsoftheCFAProgramtestaproficiencywithawiderangeoffundamentalandadvancedinvestmenttopics,includingethicalandprofessionalstandards,fixed-incomeandequityanalysis,alternativeandderivativeinvestments,economics,financialreportingstandards,portfoliomanagement,andwealthplanning.
TheCFAProgramcurriculumisupdatedeveryyearbyexpertsfromaroundtheworldtoensurethatcandidateslearnthemostrelevantandpracticalnewtools,ideas,andinvestmentandwealthmanagementskillstoreflectthedynamicandcomplexnatureoftheprofession.
TolearnmoreabouttheCFAcharter,visitwww.cfainstitute.org.
Item3–DisciplinaryInformation
Ihavenotbeennoramcurrentlysubjecttoanycriminal,civilordisciplinaryaction.
Item4–OtherBusinessActivitiesAudit,InvestmentandFinanceCommittees,St.ElizabethHealthcare,January2013–PresentChair,SamaritanCommittee,St.ElizabethFoundation,June2012-PresentVestryandFinanceCommissionChair,TrinityEpiscopalChurch,January2017-Present
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Item5–AdditionalCompensation
Mr.Swendimanearnsover$100,000fromhisotherbusinessactivitiesannually.
Item6–SupervisionAllSupervisedpersonsatCrewmustworkwithintheinvestmentandbusinessguidelinesestablished.RobertF.Jung,ManagingDirectorofCrewCapitalManagement,Ltd.,supervisesMr.Swendiman’sactivities.
Item7–StateRegisteredAdvisersMr.SwendimanhasNOTbeeninvolvedinanyoftheeventslistedbelow.
1.Anawardorotherwisebeingfoundliableinanarbitrationclaimallegingdamages:• inexcessof$2,500,involvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
2.Anawardorotherwisebeingfoundliableinacivil,self-regulatoryorganization,oradministrativeproceedinginvolvinganyofthefollowing:• a)aninvestmentoraninvestment-relatedbusinessoractivity;• b)fraud,falsestatement(s),oromissions;• c)theft,embezzlement,orotherwrongfultakingofproperty;• d)bribery,forgery,counterfeiting,orextortion;or• e)dishonest,unfair,orunethicalpractices.
• Mr.SwendimanhasNOTbeenthesubjectofabankruptcypetitioninthepasttenyears.
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