Family Wealth Partners, LLC
May 13, 2022
FORM CRS
Family Wealth Partners, LLC is registered with the Securities and Exchange Commission as an investment adviser and,
as such, we provide advisory services rather than brokerage services. Brokerage and investment advisory services and
fees differ and it is important for you, our client, to understand the differences. Additionally, free and simple tools are
available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials
about broker-dealers, investment advisers, and investing. This document is a summary of the services and fees we offer
to "retail" investors, which are natural persons who seek or receive services primarily for personal, family, or household
purposes.
What investment services and advice can you provide me?
We offer the following investment advisory services to retail investors: Portfolio Management Services, Financial
Planning Services, Financial Consulting Services, Selection of Other Advisers and Pension Consulting
Services. Detailed information regarding our services, fees and other disclosures can be found in our Form ADV Part 2A
Brochure, Items 4, 7, and 8 by clicking this link https://adviserinfo.sec.gov/firm/brochure/317764.
Account Monitoring: If you open an investment account with our firm, as part of our standard service we will monitor
your investments on a monthly basis.
Investment Authority : We manage investment accounts on a discretionary basis whereby we will decide which
investments to buy or sell for your account. We have discretion to select, retain or replace third-party managers to
manage your accounts. You may limit our discretionary authority (for example, limiting the types of securities that can be
purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing.
Investment Offerings: We offer advice on equity securities, warrants, corporate debt securities (other than commercial
paper), commercial paper, certificates of deposit, municipal securities, variable life insurance, variable annuities, mutual
fund shares, United States government securities, options contracts on securities, options contracts on commodities,
money market funds, real estate, REITs, PIPEs, derivatives, structured products, ETFs, leveraged ETFs, digital assets,
interests in partnerships investing in real estate and interests in partnerships investing in oil and gas interests.
Account Minimums and Requirements: In general, we do not require a minimum dollar amount to open and maintain
an advisory account; however, we have the right to terminate your account if it falls below a minimum size which, in our
sole opinion, is too small to manage effectively.
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?
The following summarizes the principal fees and costs associated with engaging our firm for investment advisory
services. For detailed information, refer to our Form ADV Part 2A Brochure, Items 5 and 6 by clicking this
link https://adviserinfo.sec.gov/firm/brochure/317764.
• Asset Based Fees - Payable quarterly in advance. Since the fees we receive are asset-based (i.e. based on the
value of your account), we have an incentive to increase your account value which creates a conflict especially for
those accounts holding illiquid or hard-to-value assets;
• Fixed Fees - Negotiable and payable as invoiced;
• Hourly Fees - Negotiable and payable as invoiced
Examples of the most common fees and costs applicable to our clients are:
• Custodian fees;
• Account maintenance fees;
• Fees related to mutual funds and exchange-traded funds;
• Transaction charges when purchasing or selling securities; and
• Other product-level fees associated with your investments
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.
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 for me?
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 can affect the investment advice we provide you. Here are some examples to help you
understand what this means.
• Because our revenue is derived from asset-based fees, we have an incentive to grow your account as much as
possible. This could cause us to take overly aggressive positions in conflict with your interests in an attempt to
grow your account, or could incentivize us to inflate the valuations of illiquid investments held in your account.
Refer to our Form ADV Part 2A Brochure by clicking this link https://adviserinfo.sec.gov/firm/brochure/317764 to help you
understand what conflicts exist.
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?
The financial professionals servicing your account(s) are compensated in the following ways: Salary and Bonus. Financial
professionals' compensation is based on the following factors: the amount of client assets they service and the revenue
the firm earns from the person's services or recommendations.
• Because the compensation earned by our financial professionals are based on the value of the assets they
services and the revenues the firm earns, they have an incentive to grow your account as much as possible. This
could cause them to take overly aggressive positions in conflict with your interests in an attempt to grow your
account, or could incentivize us to inflate the valuations of illiquid investments held in your account.
Do you or your financial professionals have legal or disciplinary history?
No, our firm and our financial professionals currently do not have any legal or disciplinary history to disclose.
Visit Investor.gov/CRS for a free and simple research tool.
Key Questions to Ask Your Financial Professional
• As a financial professional, do you have any disciplinary history? For what type of conduct?
You can find additional information about your investment advisory services and request a copy of the relationship
summary at 704-321-0152 or click the link provided https://adviserinfo.sec.gov/firm/brochure/317764.
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?
Family Wealth Partners, LLC
May 13, 2022
Exhibit to Form CRS
Family Wealth Partners, LLC is required to update its Form CRS when information in the Form CRS becomes
materially inaccurate. This Exhibit summarizes the following material changes to the firm's Form CRS,
implemented on May 13, 2022:
• What investment services and advice can you provide me?
• The Investment services section was amended for consistency with the ADV Part 2A that was
updated as follows: "We offer the following investment advisory services to retail investors:
Portfolio Management Services, Financial Planning Services, Financial Consulting Services,
Selection of Other Advisers and Pension Consulting Services.