Regulation Best Interest Disclosure
American Capital Partners, LLC Form CRS
REGULATION BEST INTEREST DISCLOSURE
Capacity in Which We Are Acting
American Capital Partners, LLC. (“ACP”) is registered with the Securities and Exchange Commission as a broker-dealer and is also a member of FINRA and SIPC (Securities Investor Protection Corporation). We are acting as a broker dealer and our Financial Professionals are acting as associated persons of a broker dealer with respect to any recommendations made to you.
Material Fees and Costs That Apply To Your Accounts
A retail investor will pay transaction based commissions to ACP on their investment transactions. Commissions will vary by product and transaction size. Other fees that you may be charged on specific investment products that you may purchase include private placement fees and commissions paid for annuity contracts, life insurance and other service fees. In addition to our transaction fees, clients are also responsible for the fees and expenses that may be charged by custodians/clearing firms, and by the investments including, but not limited to, custodian fees, IRA custody fees, account maintenance fees, fees related to mutual funds, and other transactional fees and product-level fees. Clients will find additional information on trade confirmations, account statements and prospectuses. See Client Fee listing, if applicable.
The Type and Scope of Services We Provide
ACP offers brokerage services only. The principal services offered are the buying and selling of individual stocks, bonds, mutual funds, annuities and private placements. Financial Professionals offer recommendations as well executing unsolicited transactions. You, the investor make the ultimate decision regarding the purchase or sale of investments. Periodic reviews of your accounts are done but it is recommended that investors monitor their accounts. Additional information may be found in the account opening agreement or other account opening related documents.
Requirements to Open or Maintain an Account
ACP does not have limitations to open or maintain an account for retail investors, however those accounts that are smaller in size may incur account maintenance fees.
Limitations on the Securities or Investment Strategies We Offer
Our investment recommendations are not limited to any specific product or service offered by a broker-dealer, insurance company or others product companies.
Basis for Our Recommendations
Recommendations are presented to you based on your investment objectives and risk appetite. Our Financial Professionals work with clients to determine the investments that meet the clients’ goals and desires. We ask that you provide information on your investment profile which includes your age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, risk tolerance, and any other information that you feel is relevant in connection with the recommendations that you would like to be provided.
Risks Associated With Recommendations
While the stock market or a specific investment may increase and clients’ accounts could enjoy a gain, it is also possible that the stock market or a specific investment may decrease and clients’ accounts could suffer a loss. It is important that clients understand that all investment activities involve a degree of risks, including the possible risk of loss of their entire investment, as well as the gains earned thereon. Securities investments are not guaranteed and you may lose money on your investments. Investing in securities involves a high risk of loss that clients should be prepared to bear. We ask that you work with us to help us understand your tolerance for risk.
Conflicts Of Interest
ACP’s Financial Professionals are compensated by receiving a percentage of the product sales commission you are charged. This creates a conflict in that there is an incentive to conduct
more transactions to generate more commission. Some of ACP’s associated persons are also licensed as insurance brokers that would earn additional commission if a client was to purchase insurance through them. In addition, some private placement products are managed by a related firm that will earn additional fees on their management of the investments. These conflicts are fully disclosed in the individual private placement memorandums. ACP is also a market maker and from time to time may make a market in a particular security. ACP could make money trading that security to and from customers.