Matrix Capital Advisors, LLC

Matrix Capital Advisors, LLC is an SEC-registered investment adviser founded in 2000 by Christopher J. Burke and Michael D. Wik. The firm offers discretionary and non-discretionary investment advisory services to clients, managing over $685 billion on a discretionary basis and $27 billion on a non-discretionary basis as of December 31, 2021. Matrix tailors its services to each client's unique circumstances, creating personalized investment policy statements and asset allocation recommendations. For discretionary services, fees range from 0.25% to 1.25% of assets under advisement, with the flexibility to negotiate fees based on client needs. A minimum net worth of $3 million is required to initiate an advisory relationship, although this amount may be negotiable. Matrix does not accept prepaid fees and bills quarterly in arrears. The firm's investment strategies include long-term purchases, short-term purchases, trading, short sales, margin transactions, and option writing. Matrix uses fundamental, quantitative, and qualitative analysis to drive its investment decisions, focusing on economic growth, interest rates, and asset values. Matrix Capital Advisors, LLC is a fiduciary to ERISA accounts, subject to specific duties and obligations under ERISA and the Internal Revenue Code. The firm does not vote client securities and does not accept compensation from entities other than clients. Matrix recommends Charles Schwab as its preferred brokerage and offers block trading to aggregate client transactions for efficiency. The firm's Principals, Christopher J. Burke and Michael D. Wik, have extensive experience in the financial industry and adhere to high ethical standards. They are responsible for monitoring each other's adherence to the firm's policies, procedures, and Code of Ethics. Both Principals are CFA charterholders, demonstrating their expertise and commitment to professional excellence.