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Form CRS

                                                                  Client Relationship Summary
                                                                            (CRD# 310163)
The Introduction
Our firm, The Clarus Group, Inc. d/b/a Clarus Wealth Group, is registered as an investment adviser 
with the U.S. Securities  and  Exchange  Commission.  Brokerage  and  investment  advisory  
services  and  fees  differ  and  it  is important for you to understand these differences. 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.

                                                                   Relationships and Services    

 

What investment services and advice can you provide me?


Services: We offer investment advisory services to retail investors. These services include wealth 
management which is a combination of financial planning and investment management. We may also 
offer financial planning as a stand-alone service. We work closely with you to identify your 
investment goals and objectives, as well as risk tolerance and financial situation in order to 
develop an investment approach.


Accounts, Investments, and Monitoring: We provide services to individual, joint, retirement, trust 
and estate accounts. We primarily use mutual funds, exchange-traded funds, stocks, bonds, options, 
real estate investment trusts and alternative investments in constructing portfolios. We do not 
make available or offer advice with respect to only proprietary products or a limited menu of 
products or types of investments. As part of our services, we monitor portfolios and securities in 
accounts on a regular and continuous basis. We also meet with you at least annually, or more 
frequently, depending on your needs.


Investment Authority: We provide our services on a perpetual and discretionary basis. We execute 
investment recommendations  in  accordance  with  your  investment  objectives  without  your  
prior  approval  of  each  specific transaction. Our engagement will continue until you notify us 
otherwise in writing.


Account Minimums & Other Requirements: We do not require an account or relationship size minimum in 
order for you to open/maintain an account or establish a relationship.


Additional Information: For more detailed information on our relationships and services, please see 
Item 4 – Advisory Services, Item 13 – Review of Accounts and Item 7 – Types of Clients of our Form 
ADV Part 2A available via our firm’s Investment Adviser Public Disclosure Page.


Conversation Starters: 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?

 

 

                                                    Fees, Costs, Conflicts, and Standard of Conduct                                                    
                               

 

What fees will I pay?


Asset-Based Fees: Our asset-based fees for wealth management range from 0.50% up to 1.50% annually. 
This fee is collected on a quarterly basis and calculated as a percentage of the value of the cash 
and investments in your account[s] that we manage. This presents a conflict of interest as we are 
financially incentivized to encourage you to place more assets in your advisory account as you will 
pay more in advisory fees.


Fixed Fees: Our fixed annual fees for financial planning range up to $15,000 per year. This fee is 
collected on a quarterly basis and calculated by applying the annual fee divided by four (4). The 
fees are negotiable based on the nature and complexity of the services to be provided and the 
overall relationship with us.


Other  Fees  &  Costs:  In  addition  to  our  advisory  fee,  you  will  also  be  responsible  
for  custody  fees,  account administrative  fees,  fees  and  expenses  related  to  mutual  funds 
and  exchange-traded  funds  and  applicable securities transaction fees.


Additional Information: 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. For more detailed information 
on our fees, please see Item 5 – s and Compensation of our Form ADV Part 2A available via our 
firm’s Investment Adviser Public Disclosure page.

Conversation Starters: 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 
interests 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 is an example to help you understand what this means:

Our financial professionals are registered representatives of Raymond James Financial Services, 
Inc. (“RJFS”), a registered broker-dealer. In addition to our services, your financial professional 
will offer you brokerage services through their separate capacity as a registered representative 
and will earn commission-based compensation for transactions implemented through RJFS. The 
commissions earned are separate from our advisory fees, which creates a financial incentive to 
recommend that you implement securities transactions through RJFS. You are encouraged to learn more 
about RJFS by reviewing their client relationship summary.


Additional Information: For more detailed information, please see Item 10 – Financial Industry 
Activities and Affiliations, Item 12 – Brokerage Practices and Item 14 – Client Referrals and Other 
Compensation of our Form ADV Part 2A available via our firm’s Investment Adviser Public Disclosure Page.


Conversation Starters: How might your conflicts of interest affect me, and how will you address 
them?

 

 


How do your financial professionals make money?


Our financial professionals are compensated based on an agreed-upon annual salary. Additionally, 
they receive compensation  based  on  the  revenue  generated  from  the  accounts  they  service  
directly.  This  means  financial professionals have an incentive to increase the asset size in the 
relationship or solicit new business, taking time away from the day-to-day servicing of existing 
clients.


                                                                       Disciplinary History

 

Do you or your financial professionals have legal or disciplinary history?


Yes. You can visit Investor.gov/CRS for a free and simple search tool to research our firm and our 
financial professionals.


Conversation Starters: As a financial professional, do you have any disciplinary history? For what 
type of conduct?

 


Additional Information
You can find additional information about our investment advisory services by viewing our Form ADV 
Part 2A available via our firm’s Investment Adviser Public Disclosure Page or by visiting 
http://www.claruswealthgroup.com. You can request up to date information and a copy of our client 
relationship summary by contacting us at info@claruswealthgroup.com or (713) 621-3500.

 

Conversation Starters: Who is my primary contact person? Is he or she a representative of an 
investment? Who can I talk to if I have concerns about how this person is treating me?