ERISA 408(B)(2) Disclosure

Seizert Capital Partners (“we”/“us”/“our”) is providing you with this notice in compliance with the Department of Labor regulations under section 408(b)(2) of the Employee Retirement Income Security Act of 1974, as amended, (“ERISA”), to disclose information about the services we provide and the compensation we receive for such services. This statement is intended to be read in conjunction with our Form ADV Part 2 (available at as well as the applicable advisory agreement.

Description of Services

A general description of the investment advisory and other services that we provide can be found in your advisory agreement and in our Form ADV Part 2 under Item 4 entitled “Advisory Business”. For more information regarding the services and the styles we offer, please also review Item 8 entitled “Methods of Analysis, Investment Strategies and Risk of Loss” in our Form ADV Part 2.

Service Provider’s Status

We provide such services as a registered investment adviser under the Investment Advisers Act of 1940 and as an ERISA fiduciary.


Direct Compensation

We receive direct compensation from your plan or administrator for the services we provide based on your fee schedule. Fee schedule information can be found in the advisory agreement that you have executed with us. You agree to pay our fees as specified in your advisory agreement, including fees due and payable through the date of termination.

Indirect Compensation

We may receive the following types of indirect compensation in connection with the services we provide through:

  • Soft dollars: Where applicable, Seizert utilizes research and research related products and other brokerage services on a so called soft dollar basis. Soft dollars means that may we use a portion of your commissions (approximately 1 to 2 cents per share) to pay for services we have determined are beneficial for our Clients. For more information please refer to Item 12 entitled “Brokerage Practices” in our Form ADV Part 2 as well as any Form 5500 disclosures we may have provided.
  • Gifts and gratuities: As a fiduciary, we are obligated to disclose potential and actual conflicts of interest in dealings with our Clients. Seizert may hold business and entertainment meetings for current Clients or prospective clients at the offices or locations of current Clients. For more information please refer to Item 5 entitled “Fees and Compensation” in our Form ADV Part 2.