Last updated July 1, 2021
Lifeworks Advisors, LLC (“Lifeworks Advisors”) is a Registered Investment Advisor (“RIA”), located in the State of Michigan. Lifeworks Advisors provides investment advisory and related services for Clients nationally. Lifeworks Advisors will maintain all applicable registration and licenses as required by the various states in which Lifeworks Advisors conducts business, as applicable. Lifeworks Advisors renders individualized responses to persons in a particular state only after complying with all regulatory requirements. Lifeworks Advisors believes that communication and transparency are the foundation of its relationship with prospective and current Clients and will continually strive to provide you with complete and accurate information. Lifeworks Advisors encourages all prospective and current Clients to read these disclosures and discuss any questions that you may have with an Advisor.
Lifeworks Advisors provides investment advisory services, including (a) Financial Planning Services and (b) Wealth Management Services, as well as related services such as (c) financial account aggregation services via the Website (collectively, “Services”). The Services are only provided to investors who become Clients of Lifeworks Advisors (“Clients”) pursuant to a written Wealth Management Agreement and Financial Planning Services Agreement, which prospective and current Clients are urged to read and carefully consider in determining whether such agreement is suitable for their individual facts and circumstances. Part 2 of Lifeworks Advisors’ Form ADV can be found here. The Form ADV Part 2 (“Disclosure Brochure”) provides information about the qualifications and business practices of Lifeworks Advisors, LLC. If you have any questions about the content of this Disclosure Brochure, please contact Lifeworks Advisors at 616.200.6512.
Your access and use of the Services may be interrupted from time to time for any of several reasons, including, without limitation, the malfunction of a device’s operating environment or other equipment, periodic updating, maintenance or repair of the Services or other actions that Lifeworks Advisors, in its sole discretion, may elect to take. In no event will Lifeworks Advisors or its third party services providers, including custodian, be liable to any party for any loss, cost, or damage that results from any scheduled or unscheduled downtime or use of a rooted, jailbroken, or otherwise compromised device.
You expressly agree that use of this Website is at your sole risk. Neither Lifeworks Advisors, its affiliates, nor any of their officers, directors, employees, agents, third-party content providers, service providers, or licensors, or the like, warrant that this Website will be uninterrupted or error-free; nor do they make any warranty as to the results that may be obtained from the use of this Website, or as to the accuracy, completeness, reliability, security, or currency of its content. The content may contain errors, omissions, inaccuracies, or outdated information. Further, Lifeworks Advisors does not warrant reliability of any content displayed or distributed through the Website. Please remember that it remains your responsibility to advise Lifeworks Advisors, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing, evaluating, or revising our previous recommendations and/or services, if you would like to impose, add, or modify any reasonable restrictions to our investment advisory services.
THIS WEBSITE AND THE CONTENT ON THIS WEBSITE ARE PROVIDED ON AN “AS IS,” “WHERE IS,” AND “WHERE AVAILABLE” BASIS. LIFEWORKS ADVISORS MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE OPERATION OF THE WEBSITE, THE CONTENT, INFORMATION, OR THE MATERIALS ON THIS WEBSITE. TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, LIFEWORKS ADVISORS EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, OF ANY KIND, WITH RESPECT TO ANY OF THE CONTENT ON THIS WEBSITE OR ANY GOODS OR OTHER PRODUCTS OR SERVICES OFFERED, SOLD, OR DISPLAYED ON THIS WEBSITE OR YOUR USE OF THIS WEBSITE GENERALLY, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY OF INFORMATION, QUALITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. SOME JURISDICTIONS LIMIT OR DO NOT ALLOW THE DISCLAIMER OF IMPLIED OR OTHER WARRANTIES SO THE ABOVE DISCLAIMER MAY NOT APPLY TO THE EXTENT SUCH JURISDICTION’S LAW APPLIES TO THIS AGREEMENT. NEITHER LIFEWORKS ADVISORS NOR ITS SUPPLIERS MAKE ANY REPRESENTATION, WARRANTY OR GUARANTEE THAT THE WEBSITE OR SOFTWARE THAT MAY BE AVAILABLE THROUGH THE SERVICES IS FREE OF INFECTION FROM ANY VIRUSES OR OTHER CODE OR ROOT KITS OR COMPUTER PROGRAMMING ROUTINES THAT CONTAIN CONTAMINATING OR DESTRUCTIVE PROPERTIES OR THAT ARE INTENDED TO DAMAGE, SURREPTITIOUSLY INTERCEPT OR EXPROPRIATE ANY SYSTEM, DEVICE OPERATING ENVIRONMENT, DATA OR PERSONAL INFORMATION.
Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.
Past performance is no guarantee of future results, and any expected returns or hypothetical projections may not reflect actual future performance. Furthermore, past returns may reflect the performance of assets for a finite time, or during a period of extreme market activity. All investments involve risk and may lose money. There can be no assurance that an investment mix or any projected or actual performance shown on the Website will lead to the expected results shown or perform in any predictable manner. It should not be assumed that investors will experience returns in the future, if any, comparable to those shown or that any or all Clients actually experienced such returns. Asset allocation may be used in an effort to manage risk and enhance returns. It does not, however, guarantee a profit or protect against loss. Performance of the asset allocation strategies depends on the underlying investments. Lifeworks Advisors’ investment strategies, which may include portfolio rebalancing and tax loss harvesting, can lead to high levels of trading. High levels of trading could result in (a) bid-ask spread expense; (b) trade executions that may occur at prices beyond the bid ask spread (if quantity demanded exceeds quantity available at the bid or ask); (c) trading that may adversely move prices, such that subsequent transactions occur at worse prices; (d) trading that may disqualify some dividends from qualified dividend treatment; (e) unfulfilled orders or portfolio drift, in the event that markets are disorderly or trading halts altogether; and (f) unforeseen trading errors.
As part of transferring your account to Lifeworks Advisors, we may apply our algorithms to sell your transferred account, seeking to minimize any potentially negative tax impact and optimizing for other factors, and invest the proceeds into a Lifeworks Advisors portfolio. Liquidating your transferred account may cause, among other things, realized capital gains or losses in specific securities, surrender fees, and redirection of declared dividends or distributions. Also be aware selling down securities prior to transfer could subject you to the same risks. You may want to consult with a tax professional and legal advisor prior to transferring your account to Lifeworks Advisors.
Your Client Dashboard is for purposes of presenting the performance of your accounts and investments only and is not intended to be relied upon as a forecast, research, or investment advice. Although this material is based upon information the advisor considers reliable and endeavors to keep current, the advisor does not assure that this material is accurate, current or complete, and it should not be relied upon as such.
Your Client Dashboard is for your private and confidential use only, and not intended for broad usage or dissemination. Commissions are not considered since Clients on the Lifeworks Advisors’ platform are not charged trading commissions. Past performance is no guarantee of future returns. The performance presented reflects the deduction of the advisory fees if the fees are deducted via investment accounts. If the fees are paid via an alternative method of payment then the performance would not reflect those fees.
Any comparison to other financial advisors is based on an evaluation of average fees and returns. Actual results may be different for each investor and there can be no guarantee of enhanced returns due to additional diversification, ETF selection, or the use of Lifeworks Advisors’ investment management service.
Projected and/or hypothetical performance is intended to show only an expected range of possible investment outcomes based on historical average returns and standard deviation of each investment type contained in the investment mix recommended by Lifeworks Advisors, but does not take into consideration the effect of taxes, changing risk profiles, or future investment decisions. Projected and/or hypothetical performance does not represent actual Client accounts or actual trades and may not reflect the effect of material economic and market factors. The actual transaction costs in Client accounts may be different.
Please contact your existing custodian for your actual historical returns, as well as the reporting of all balances and securities transactions.
Actual investors that become Clients may experience different results from any hypothetical results shown. There is a potential for loss, as well as gain, that is not reflected in the hypothetical information portrayed. The hypothetical performance results shown do not represent the results of actual trading using Client assets but were achieved by means of the retroactive application of a model designed with the benefit of hindsight. Investors should carefully review the additional information presented by Lifeworks Advisors as part of any hypothetical comparison. All investments include a risk of loss that Clients should be prepared to bear. The principal risks of the advisor’s investment services are disclosed in the publicly available Form ADV Part 2A.
ANY COMPARISONS TO INDICES ARE PROVIDED FOR ILLUSTRATIVE PURPOSES ONLY. AN INDEX IS A BROADLY DIVERSIFIED, UNMANAGED GROUP OF SECURITIES, WHICH MAY INCLUDE ONLY LARGE CAPITALIZATION COMPANIES OR COMPANIES OF A CERTAIN SIZE. BROADLY BASED INDICES MAY BE SHOWN ONLY AS AN INDICATION OF THE GENERAL PERFORMANCE OF THE FINANCIAL MARKETS DURING THE PERIODS INDICATED. BECAUSE OF THE DIFFERENCES BETWEEN THE CLIENT ALLOCATIONS AND ANY INDICES SHOWN, LIFEWORKS ADVISORS CAUTIONS INVESTORS THAT NO INDEX IS DIRECTLY COMPARABLE TO THE PERFORMANCE SHOWN SINCE EACH INDEX HAS ITS OWN UNIQUE RESULTS AND VOLATILITY, AND SUCH INDICES, IF SHOWN, SHOULD NOT BE RELIED UPON AS AN ACCURATE COMPARISON.
The return, composite and performance information shown on the Website uses or includes information compiled from third-party sources, including independent market quotations and index information. Lifeworks Advisors believes the third-party information comes from reliable sources, but Lifeworks Advisors does not guarantee the accuracy of the Website information and may receive incorrect information from third-party providers. Unless otherwise indicated, the information on the Website has been prepared by Lifeworks Advisors and has not been reviewed, compiled or audited by any independent third-party or public accountant.
ETF Fee and EFT Performance Disclosure
An exchange traded fund (“ETF”) typically includes embedded expenses that may reduce its net asset value, and therefore directly affect its performance and indirectly affect a Client’s portfolio performance or an index benchmark comparison. These expenses may include management fees, custodian fees, and legal and accounting fees. ETF expenses may change from time to time at the sole discretion of the ETF issuer. Lifeworks Advisors discloses each ETF’s current information, including expenses, on the Website. ETF tracking error and expenses may vary.
Furthermore, ETF performance may not exactly match the performance of the index or market benchmark that the ETF is designed to track because (a) the ETF incurs expenses and transaction costs not incurred by any applicable index or market benchmark; (b) certain securities comprising the index or market benchmark tracked by the ETF may, from time to time, temporarily be unavailable; and (c) supply and demand in the market for either the ETF and/or for the securities held by the ETF may cause the ETF shares to trade at a premium or discount to the actual net asset value of the securities owned by the ETF.
Certain ETF strategies may from time to time include fixed income, commodities, foreign securities, American Depositary Receipts, or other securities for which expenses could be higher than otherwise charged for exchange-traded equity securities, and for which market quotations or valuation may be limited or inaccurate. Clients should be aware that in some limited instances it may be difficult or impossible to trade the Clients’ securities. This liquidity risk may be caused by numerous factors, including but not limited to: (a) extreme market volatility, (b) a decision by exchange participants to withhold some or all of their quoted market bids, (c) exchange technical issues or exchange closure, (d) delisted or halted securities, and/or (e) a position across Client accounts that is large relative to the average daily trading volume of the security.
Lifeworks Advisors often communicates with its Clients and prospective Clients through electronic mail (“email”) and other electronic means. By providing us with your e-mail address, you consent to receive all required notices and information. Electronic communications may be posted on the Services site and/or delivered to your e-mail address that we have on file for you. It is your responsibility to provide us with your complete, accurate contact information, or promptly update us in the event you change your information or ownership of your telephone number or other information changes. If we discover that any information provided in connection with your account is false or inaccurate, we may suspend or terminate your account at any time. Notices will be provided in HTML (or, if your system does not support HTML, in plain-text) in the text of the e-mail or through a link to the appropriate page on our site, accessible through any standard, commercially available internet browser. Your consent to receive communications electronically is valid until you end your relationship with us.
You may print a copy of any electronic communications and retain it for your records. We reserve the right to terminate or change how we provide electronic communications and will provide you with appropriate notice in accordance with applicable law.
If you become aware of any unauthorized use of your Website Registration or Account Information for the Services, you agree to notify Lifeworks Advisors immediately at the email address – firstname.lastname@example.org. If you have received an email from Lifeworks Advisors in error, we ask that you contact the sender and destroy the email and its contents. If you believe that your Registration or Account Information or device that you use to access the Services has been lost or stolen, or that someone is using your account without your permission, you must notify us immediately in order to minimize your possible losses.
Lifeworks Advisors does not accept trading or money movement instructions via email.
Social Media Websites and Testimonials
Lifeworks Advisors may utilize the Website, third-party websites, including social media websites, blogs, and other interactive content. All statements or testimonials made via the Website or third-party social media sites sponsored or maintained by Lifeworks Advisors and its affiliates are not intended as investment, tax or legal advice. Advice may only be provided by Lifeworks Advisors’ advisory persons after entering into an advisory agreement (for example, a Financial Planning Services Agreement or Wealth Management Agreement) and providing Lifeworks Advisors with all requested background and account information.
Testimonials on the Website or third-party social media websites may not be representative of the experience of other customers. Testimonials are not a guarantee of future performance or success.
Lifeworks Advisors and its affiliates reserve their rights to block any user or follower who posts, tweets or retweets content that is deemed inappropriate or offensive or constitutes spam, a testimonial, advice, recommendation, or advertisement for securities, products, or services or is promotional in nature. Lifeworks Advisors and its affiliates also reserve their rights to block users or followers whose posts, tweets or retweets contain offensive or inappropriate content or serve as promotional sites. Any opinions expressed by our users or followers are those of the persons submitting the comments and don’t necessarily represent the views of Lifeworks Advisors or its affiliates. Lifeworks Advisors considers all interactions with Clients, prospective Clients, and the general public on these sites to be advertisements under the securities regulations. As such, Lifeworks Advisors generally retains copies of information that Lifeworks Advisors or third-parties may contribute to such sites. This information is subject to review and inspection by the CCO of Lifeworks Advisors or the securities regulators.