Client Investment Advisory Agreement Form (CIAA)

• The document is an instruction sheet for a Client Investment Advisory Agreement for Regal Investment Advisors, LLC.
• Completing the agreement is required for new business, unless the Money Management platform has its own client agreement.
• One Client Investment Advisory Agreement along with an Appendix is needed for each client household.
• A Sleeve Account Disclosure and Appendix document is required if an account participates in the Sleeve Account platform.
• All other accounts need to complete the Appendix.

Areas Requiring Completion

• Date of agreement
• Client household name
• Regal ADV and IAR ADV Resume dates
• Fee billing arrangement
• Trading cost arrangement
• Fee schedule
• Sleeve Account Option, required if the account will be on the Sleeve Account Platform
• Agreement Signatures
• Non-Sleeve Appendix
• Wrap Account Appendix, if applicable

ADV Acknowledgement Section

• The dates used should be the dates of the ADV documents.
• Fee schedules can hold fee information for multiple accounts
• The total fee charged to the client must be written for each account.
• Fee breakpoints are an option and should display account balance ranges
• It's recommended to keep client accounts on a similar fee schedule, but this may change based on the strategy used.
• If one Client Investment Advisory Agreement is used for multiple accounts, each account should be titled, have its own fee schedule, and an Appendix page.
• Appendix pages include LionShare Money Managers used by Regal Investment Advisors.
• For Regalfolios Growth & Income, Dividend Plus, or Regal Total Return SMA strategies, a custodian Options form will be needed.
• Additional custodial paperwork may also be required for L&S Advisor strategies, calling for contact with the Advisor Advocate or Service team for further information.

Client Investment Advisory Agreement Details

• The agreement is between Regal Investment Advisors, the Advisor, and the Client(s) and covers all assets and accounts listed in the Appendices.
• The client establishes an Investment Advisory Account(s) and appoints the advisor as investment manager to supervise and direct the investments of the account(s).
• Custodians will provide monthly statements of investments
• Investment management includes all services outlined in attached Appendices

Regal Lionshare Managers

• Provide discretionary investment management services, including full power to manage assets, purchase, sell, invest, and trade, without prior client consultation.

LionShare Management Strategy Minimums

• Have minimums to ensure proper investment allocation.
• If an account falls 20% below the minimum (excluding market fluctuations) or is fully liquidated, it will be removed from active management and set to a non-discretionary account with a billing freeze.

Individually Managed Accounts

• Will operate on a non-discretionary basis, requiring client approval prior to transactions.

Representations, Standard of Care, Confidentiality, and Custody

• The Firm is a registered investment advisor and the advisor is a registered investment advisor representative.
• Neither the Firm, the Advisor, nor their officers/employees are liable for actions unless due to negligence, malfeasance, or violation of law.
• All information is treated as confidential and not disclosed to third parties unless required by law or necessary for designated powers.
• Client accounts will be held in custody with an approved third-party custodian.

Additional Considerations

• Advisors may service other clients with potentially differing advice.
• The advisor has no obligation to disclose transactions made for other clients.
• The firm will not vote proxies and has no duty regarding class action lawsuits, but will forward received information.
• Agreements can only be modified in writing and can be terminated by any party with written notice.
• Prepaid fees are prorated upon termination and the unearned portion is refunded.
• The agreement cannot be assigned without written consent.
• It is the entire in effect agreement, governed by Michigan law.

Client Responsibilities and Privacy

• Clients acknowledge that advisors rely on the information that clients provide
• The client is responsible for notifying the advisor of any changes to such information
• Accounts are generally not managed with tax considerations in mind
• The Firm values client privacy and limits the collection and use of personal information to business and service-related purposes.
• Nonpublic information will not be disclosed to others

Disclosures, Fees, and Schedules

• By signing, clients agree to receive updates and notifications electronically or by mail.
• Clients acknowledge receipt of the Advisor's Form ADV and have the right to terminate the agreement without penalty within five business days.
• Advisor compensation will be calculated and paid according to the fee schedule, amended with a 30-day notice.
• Fees are paid quarterly in advance, based on the account value on the last day of the quarter, via direct debit or, upon request, invoicing.
• No fee should be based on capital gains or appreciation.

Fee Schedule and Sleeve Account Platform

• The fee schedule must be completed for each client account.
• By checking the 'Sleeve Account Platform' box, the client agrees to participate and meets the minimum balance requirement and must complete the Sleeve Account Disclosure and Appendix page
• The use of this Platform means I do not need to complete the attached non-sleeve Appendix.

Non-Sleeve and Wrap Account Appendices

• The appendix indicates the chosen investment strategy
• Client and advisor initials are required.
• Each wrap account needs its corresponding Wrap Account Appendix,
• IAR As Manager management, or compliance approval etc

Additional Documents

• It is confirmed that the Client has received copies of Part 2A (and supplements) and the Advisor's Privacy Policies.