This 1st Week of July 2022 Thoughts: One Step Closer to SAA Partnership Sign-Date
Updated: Sep 23, 2022
I am sorry to send another email to those who replied concerning this "Material Change", but it is BIG and we want to make sure that no one misses it. If you already replied, you don't need to reply again.
On June 3, 2022, we notified you via email that Sustainable Advisors Alliance, LLC (SAA) is completing the process to become equally owned by its 6 founding members. For easy reference, the text of that notification is below.
To ensure everyone has seen this, we’re sending this second message. If you haven't replied yet, please let us know with a simple REPLY to this email if you consent to this change.
If we DON'T hear from you by Wednesday August 3rd, we’ll assume that you don’t have any questions or concerns and will deem that to be your consent.
Here is the first email: 6/3/22 Ownership Update of Sustainable Advisors Alliance, LLC email:
In my 5/24/2022 SAA Disclosure Document email to you, I alluded there would be more to come regarding the ownership of SAA, well here it is…
"The six of us are ready to sign the Operating Agreement to make us equal owners of Sustainable Advisors Alliance, LLC! As an investment advisory firm, registered with the United States Securities and Exchange Commission, we are subject to the mandates of Section 205(2) of The Investment Advisers Act of 1940, as amended, which among other things, classifies this ownership change as a constructive assignment.
Under the federal securities laws, this type of situation requires that we obtain your consent to the assignment. Therefore, we are requesting that you [respond to this email] which will evidence your consent to such assignment. We would like to hear from you no later than 30 days from now on Sunday, July 3rd.
Who are we? Myself, Julie Lynn Skye, and Jan Bryan, Krista Strohoffer, Harry Moran, Laura Isanuk, and Pamela Stamper-Brandt.
Some of you have seen us on our website or on our virtual Zoom events and you've been hearing about this new firm since January 5th 2021. NOW, it is formal, and final! Equal ownership of SAA has been our intention even before we officially launched more than a year ago.
As might be expected these things take time and it was not an effort for for the six of, us but also for our compliance consultant(s), attorney and tax specialist and many Schwab team members. That many cooks in the kitchen is a lot, but we think the result is a resounding success and we’re happy to share it with you.
Thank you as always for your support: we all feel this "labor of love" has totally been worth the effort, and I'm so happy we have landed this "bird."
Please don't hesitate to let me know if you have questions! Look for a "celebratory" packet in the mail soon, to commemorate this amazing event.
Required Disclosures: Always read the fine print! This content reflects the opinions of Julie Skye and is subject to change without notice and is informational and entertainment purposes. It is not a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions, or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. Securities investing involves risk, including the potential for loss of principal. There is no assurance any investment plan or strategy will be successful.
Julie is an Investment Advisor Representative of Sustainable Advisors Alliance, LLC (SAA, LLC): Advisory services are provided by SAA, LLC.
Registration with the SEC does not imply a certain level of skill or training.