Teramo Advisors, LLC

Teramo Advisors, LLC, established in 2018, is a financial advisor firm based in Naples, FL, offering investment advisory services to a mutual fund and individual/institutional investors through separately managed accounts. The firm specializes in options-based strategies for income, risk mitigation, and long-term capital appreciation. As of December 31, 2024, Teramo managed approximately $244.4 million in assets under management on a discretionary basis. The firm charges an asset-based advisory fee for the mutual fund and separately managed accounts, with fees ranging from 0.50% to 0.75% annually. Teramo does not charge performance-based fees and ensures fair trade allocation for clients. Clients have investment discretion, and the firm provides continuous monitoring of accounts. Teramo has a Code of Ethics, emphasizing conflict of interest avoidance, and does not engage in soft dollar arrangements. The firm does not receive compensation for client referrals and does not direct brokerage for promotional purposes. Teramo has custody of client assets when deducting fees directly from accounts and exercises discretionary authority in managing client securities accounts. The firm votes proxies for the mutual fund holdings and provides financial information as required.