Portfolio Solutions® Form ADV Part 1
Form ADV Part 1 is a U.S. Securities and Exchange Commission (SEC) filing that provides the basic business structure of Portfolio Solutions® and explains how we are legally registered. Click here to access Form ADV Part 1 from the SEC website.
Portfolio Solutions® Form ADV Parts 2A & 2B
Form ADV Parts 2A & 2B is a second SEC filing that provides details of the services we offer as well as the backgrounds of principals. It also includes a narrative of our fees, investment strategies and how we conduct business. Form ADV Parts 2A & 2B can be downloaded here.
Portfolio Solutions® collects non‐public personal information about you from the following sources:
- Information we receive about you on applications or other forms;
- Information you give us orally; and
- Information about your transactions with us or others.
We do not disclose any non‐public personal information about our clients or former clients without the client’s authorization, except as permitted by law. We may disclose the non‐public information we collect to employees and affiliates, and unaffiliated third parties as permitted by law. Third parties may include law enforcement agencies, government and regulatory authorities, and professionals such as our legal counsel and auditors. We may disclose information for reasons such as audit purposes, prevention of fraud or money laundering, protection of confidentiality, and compliance with laws. Third parties may also include service providers performing financial services for us, such as brokers and custodians; and service providers performing non‐financial services for us, such as third parties performing computer related or data maintenance, marketing or other services for us or to assist us in offering our products and services to you. It is our policy to conduct a due diligence review and to require all third party service providers that will receive information to sign strict confidentiality agreements agreeing to safeguard such information and use it only for the purpose it was provided.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended by Portfolio Solutions®), or product made reference to directly or indirectly on our website, or indirectly via hyperlink to any unaffiliated third-party website, will be profitable or equal to past performance. All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals may materially alter the performance, strategy and results of your portfolio. Performance results reflect the reinvestment of dividends and capital gains. Different types of investments involve varying degrees of risk, and there can be no assurance for a client’s investment portfolio. Economic factors, market conditions, and investment strategies will affect the performance of any portfolio and there are no assurances that it will match or outperform any particular benchmark. Statements of future expectations, estimates, projections, and other forward-looking statements are based on available information and the Portfolio Solutions® view as of the time of these statements. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. There are risks involved with investing, including possible loss of principal. In addition to the normal risks associated with investing, narrowly focused investments, investments in distressed debt, illiquid investments and investments in foreign markets typically exhibit higher volatility.