Synthesis Advisors, Inc.

Synthesis Advisors, Inc., established in 1991 and located in Nashville, Tennessee, is an investment advisor specializing in portfolio management services for individuals, trusts, and partnerships. The firm, owned by President Douglas H. Joyce, primarily utilizes various managers of privately administered pooled investment funds, including hedge funds, to manage client assets. Synthesis Advisors tailors fee arrangements based on services provided, with base market fees typically at 0.67% of assets under management. Clients may also pay flat fees or asset-based fees, in addition to performance-based fees. The firm's investment strategies focus on asset allocation, trading guidelines, tax sensitivity, and risk tolerance, utilizing charting and fundamental analysis methods. Clients include individuals, trusts, and partnerships meeting specific eligibility criteria. Synthesis Advisors does not manage hedge funds or mutual funds, avoiding side-by-side management or fees. The firm does not receive solicitation fees and has no disciplinary history. Mr. Joyce, also a registered representative at Wiley Bros./Aintree Capital, may receive commissions, creating a potential conflict of interest, which the firm addresses through established procedures. Synthesis Advisors does not have custody of client assets, except in specific trustee capacities, and accepts discretionary authority for managing client accounts, with clients typically not imposing limitations. The firm does not vote on client securities and maintains financial stability without requiring prepaid fees or facing financial distress.