EM 4 Who We Are Devon Investment Advisory, LLC (hereinafter referred to as “Devon”, the “Company”, “we”,
“us” and “our”), is a registered investment advisor1 organized in the State of Delaware in
January of 2019 to act as a referring advisor to offer you, our client2, access to a select group
of independent third-party money managers (hereinafter referred to as “Portfolio Managers”)
Owners The following persons control the Company:
Name Title CRD# Scott H. Freeman Managing Member 4042980
Sean J. Coleman Managing Member 6879937
Kyle M. Bollman Managing Member 6879938
J. Ross Rutherford Chief Compliance Officer 7046269
Assets Under Management We do not offer discretionary or non-discretionary portfolio management services. We are a
referring advisor registered only to introduce Portfolio Managers for you to consider for the
management of your investable assets.
What We Do Our function is to introduce a group of Portfolio Managers for you to consider for the
management of any assets. We will provide information on each Portfolio Manager, answer
questions about their advisory practice to establish an advisory relationship, and explain their
management practices; that can include, reviewing their fee structure and investment
strategies.
Once you have made your decision on the Portfolio Manager to manage your investable assets,
our service to you is complete. We do not provide on-going advisory services and we do not manage portfolio accounts. We are strictly a referring advisor registered to introduce other
investment advisors. When the relationship is established, we step-away from any further
involvement on an advisory basis. We currently serve as a referring advisor (solicitor) for the
following Portfolio Managers: UBS, Morgan Stanley, Alex Brown, Raymond James, Caerus
Investment Advisors, LLC and Mastodon Advisory Group, LLC.
1 The term “registered investment advisor” is not intended to imply that Devon Investment Advisory, LLC has attained a certain level
of skill or training. It is used strictly to reference the fact that we are “Registered” as an “Investment Advisor” with the Texas State
Securities Board – and with such other regulatory agencies that may have limited regulatory jurisdiction over our business practices.
2 A client could be an individual and their family members, a foundation or endowment, a charitable organization, a corporation
and/or small business, a trust, a guardianship, an estate, or any other type of entity to which we choose to give investment advice.
Please note that the list of Portfolio Managers above is current as of the date of this Brochure
and may not reflect changes that have since occurred. You may contact us for an up-to-date
list of Portfolio Managers.
Information regarding the fee we can earn from referring your account is disclosed under Item
5, “Fees & Compensation”.
FEES & COMPENSATION ITEM 5 The Portfolio Manager we introduce under a referral/solicitation relationship have agreed to
pay us a referral/solicitation fee of between 25% and 100% of the total management fee
charged for the management of your account. The Portfolio Manager’s management fee will
not exceed 2.00% annually. In addition, sharing the management fee will not result in you paying a higher management fee over someone who becomes a client of the Portfolio Manager
who was not introduced by us under a referral/solicitation arrangement.
We do not collect any fees from you paid in advance. All compensation we receive will be paid
by the Portfolio Manager you selected based on their management fee schedule as disclosed in
their Disclosure Brochure; and, such compensation will continue to be paid to us for as long as
your account remains with the Portfolio Manager beginning when you sign agreeing to the terms
included in their advisory agreement.
We are strictly a referring advisor registered to introduce Portfolio Managers to manage your investable assets. When your relationship is established with a Portfolio Manager, we step-away and have no further interaction with you in an advisory capacity.
You will want to consult the Portfolio Manager’s Disclosure Brochure for their policies on how
they will handle your account; such as, billing, deposits and withdrawals, fee exclusions,
termination, and any other unique advisory costs associated with their service. We will discuss
these arrangements with you when we assist you with opening your account with a Portfolio
Manager; however, you are also encouraged to read their terms for management on your
own.
Other Services Devon has a referral relationship with a trust account administration firm. In a legal
proceeding where resolution of a case has been reached, either by settlement or jury award, a
Special Needs Trust or Minor’s Trust may be needed. In such instances, Devon will refer trusts
to the trust account administration firm, who will act, on behalf of the trust, as a Distribution
Director.
Devon will be compensated from the trust administration fees for this referral. See Item 10,
“Other Financial Industry Activities & Affiliations” for other disclosures relating to affiliated
business activities.
PERFORMANCE-BASED FEES & SIDE-BY-SIDE MANAGEMENT 6We do not charge fees based on a share of capital gains or the capital appreciation of the
assets held in your accounts.
please register to get more info
7 The types of clients we refer to Portfolio Managers are disclosed under “Who We Are” in Item
4, the “Advisory Business” section. Since we do not manage assets, we do not have a
minimum portfolio account size; however, such minimums maybe required by the Portfolio
Manager hired to manage your account.
please register to get more info
EM 8 We do not provide on-going advisory services and we do not manage portfolio accounts. The
specific methods of analysis, investment strategies, and risk management will be handled at
the discretion of the Portfolio Manager.
please register to get more info
EM 9 Neither the Company nor any of its management persons has been the subject of any criminal
or civil litigation, self-regulatory organization/administrative proceeding at any time during the
past ten years.
OTHER FINANCIAL INDUSTRY ACTIVITIES & AFFILIATIONS ITEM 10 Financial Industry Affiliations The Managing Members of Devon: Scott H. Freeman, Sean J. Coleman, and Kyle M. Bollman, in
one or more companies, may: (i) serve as a member on the Board of Directors and/or as an
officer or partner in which they have other managerial duties; (ii) serve on an Investment
Committee; (iii) act simply as a passive shareholder; and/or (iv) provide additional services as
a representative of that entity. These personal business interests are separate and distinct
from the operations of Devon, including certain advising and consulting activities that are
beyond the scope of services we provide. Those businesses that are financial industry related
are listed as follows:
v Greystone Advisory Group, LLC – Greystone is a state-registered referring
investment advisor offering persons access to a select group of independent third-
party money managers to manage investable assets. Mr. Freeman has majority
ownership of Greystone with operational oversight of the firm.
v DTI Funds Holding, LLC – DTI Funds is a majority shareholder of Alpha Artists, LLC.
Alpha Artists provides solutions to enhance risk assessments on insurance-based
products using predictive annuity algorithms. Mr. Coleman and Mr. Bollman are each
Members of DTI Funds with limited operational involvement of Alpha Artists.
v Investment Horizons, LLC – Investment Horizons is a majority shareholder of Applied
Investment Strategies, LLC (“AIS”). AIS is a Texas based registered investment
advisor specializing in designing portfolio risk-mitigation algorithms. Mr. Coleman
and Mr. Bollman are each Members of Investment Horizons with limited operational
involvement of AIS.
v Sage Settlement Consulting, LLC – Sage Settlement is a general insurance agency
offering full-service settlement planning solutions for structured settlements. Sage
Settlements is majority owned by two separate entities that are in turn owned by the
Managing Members of Devon. Through these entities, the Managing Members control
the operations of Sage Settlement.
v Archer Systems, LLC – Archer offers comprehensive pre- and post-settlement
services, including healthcare lien resolution, Qualified Settlement Fund and treasury
management, medical record review, claims administration, bankruptcy and probate
coordination services, and Medicare Set-Asides. Mr. Freeman is a Managing Member
and co-Chairman of Archer with influencing control over the operations of Archer.
v Integrated Financial Settlements, Inc. – Integrated Financial Settlements (“IFS”) is a
general insurance agency dedicated to bringing care and financial security to
individuals and families who have experienced personal injury. IFS is wholly owned
by Growth Settlements II, LLC that Mr. Coleman and Mr. Bollman are each Members
that control IFS operations.
v Structures, LLC – Structures is a general insurance agency and leading innovator and
manufacturer of cutting-edge settlement solutions for plaintiffs and their legal
counsel. Structures is majority owned by Plaintiff Settlement Solutions, LLC with Mr.
Freeman, Mr. Coleman and Mr. Bollman as Members that control Structures
operations.
v Freeman Financial Services, LLC – Freeman Financial is Mr. Freeman’s personal
entity for cases involving structured settlement and fixed annuity insurance business.
Mr. Freeman is the sole owner of Freeman Financial and provides operational
oversight of the business.
Potential Time Management Conflict In addition to the Managing Members’ affiliation with financial industry related businesses,
they each manage and operate separate non-industry related companies. Their time devoted
to all these different companies can range from 50% to 100% of their time depending on their
responsibilities, operating constraints, and administrative duties. The Managing Members’
responsibilities to these different companies can create a time management conflict, which might impede their ability to address your needs when hiring a Portfolio Manager. You should consider this conflict of interest before making your final decision to engage us for advisory services. Regardless, the Managing Members feel their responsibilities to
these other businesses will have little impact on the referral services offered by Devon since
we do not manage investment accounts.
Conflicts Working with Affiliated Entities Referral to, from, and between the above-named entities the Managing Members own creates
a potential conflict of interest to our fiduciary duty to be impartial with our advice and to
keep your interests ahead of our own. As control persons, shareholders, and/or
representatives in each of the above-named entities, the Managing Members are able to
influence the direction of investment activities – keeping all services in house.
Accepting any of the Managing Members’ recommendations to use one of the above-named
entities, can lead to increased personal revenues in the form of advisory/referral fees,
salary, income/dividend returns, bonuses, and incentive fees. Therefore, before accepting
any recommendation to engage an affiliated company, you may wish to consider other
options to ensure that the services from our affiliates are comparable or equivalent to the service you might receive from other independent firms.
Insurance Company Activities & Affiliations The Managing Members of Devon: Scott H. Freeman, Sean J. Coleman, and Kyle M. Bollman are
licensed as life, health, annuity, insurance agents in the state where they reside. As agents,
each of the Managing Members are licensed to sell insurance-related products and earn
commissions from the sale of these products. A conflict of interest can potentially occur when,
as a trusted advisor, they recommend you purchase an insurance product in which they will
earn a commission. This can create a situation of divided loyalty and the objectivity of the
advice we render could be subjective and create a disadvantage to you.
Therefore, keep in mind you are under no obligation to accept recommendations that you
purchase insurance related products. You are free to reject our recommendation or, if you
need the insurance, to choose the insurance agency, agent, and insurance company from whom
to purchase the insurance. However, if you elect to purchase the insurance, regardless of
where, and from whom you purchase it, such person will be entitled to earn a commission.
please register to get more info
EM 11 Code of Ethics As a fiduciary, we have an affirmative duty to render continuous, unbiased investment advice,
and at all times act in your best interest. To maintain this ethical responsibility, we have
adopted a Code of Ethics that establishes the fundamental principles of conduct and
professionalism expected by all personnel in discharging their duties. This Code is a value-
laden guide committing such persons to uphold the highest ethical standards, rooted in the
most elementary maxim – to do right by others. Our Code of Ethics is designed to deter
inappropriate behavior and heighten awareness as to what is right, fair, just and good by
promoting:
v Honest and ethical conduct.
v Full, fair and accurate disclosure.
v Compliance with applicable rules and regulations.
v Reporting of any violation of the Code.
v Accountability.
To help you understand our ethical culture and standards, how we control sensitive information
and what steps have been taken to prevent personnel from abusing their inside position, a copy
of our Code of Ethics is available for review upon request.
Client Transactions Even though we only act as a referring advisor and have no on-going relationship to advise you
on your asset management account, we do however recognize we have a fiduciary duty to
ensure that your welfare is not subordinated to any interests of ours or to any of our personnel.
Therefore, we have adopted the following internal guidelines to assist us in your protection.
Insider Trading Policy We comply with the Insider Trading and Securities Fraud Enforcement Act of 1988. We do
not share any non-public information with anyone who does not need to know and have
established internal controls to guard your personal information.
Class Action Policy The Company, as a general policy, does not elect to participate in class action lawsuits on
your behalf. Rather, such decisions shall remain with you or with an entity you designate.
please register to get more info
12 We will make available a select group of Portfolio Managers from which you may choose to
manage your account(s). The brokerage practices of the Portfolio Manager will be disclosed
in their ADV Part 2A: Firm Brochure or Part 2A Appendix 1: Wrap Fee Program Brochure, which we will provide you prior to, or at the same time as, opening an account.
We make no representation that the Portfolio Manager with which we refer you has the best
investment performance or lowest management costs. In addition, your selection of such
Portfolio Managers will be limited to those with whom we have entered into service
agreements. Therefore, it is possible that you might be able to contract for similar services
elsewhere or separately, with equivalent or better performance and at lower cost.
Furthermore, the fee we earn can vary from Portfolio Manager creating an incentive for us
to recommend the Portfolio Manager that would pay us a larger referral fee. This can
create a situation of divided loyalty and the objectivity of the advice we render subjective and
a disadvantage to you. Therefore, in situations where we recommend similar Portfolio
Managers to manage your account, we will clearly indicate the fee we could earn from each
Portfolio Manager for you to make an informed decision.
please register to get more info
EM 13 We are strictly a referring advisor registered to introduce Portfolio Managers to manage your
investable assets. When your relationship is established with a Portfolio Manager, we step-
away and have no further interaction with you in an advisory capacity. Any on-going reviews
will be handled at the discretion of the Portfolio Manager.
CLIENT REFERRALS & OTHER COMPENSATION ITEM 14 We do not compensate persons/firms for client referrals.
please register to get more info
15We are strictly a referring advisor registered to introduce Portfolio Managers to manage your
investable assets. When your relationship is established with a Portfolio Manager, we step-
away and have no further interaction with you in an advisory capacity. You will want to
consult the Portfolio Manager’s Disclosure Brochure on their custody arrangements.
please register to get more info
16We are strictly a referring advisor registered to introduce Portfolio Managers to manage your
investable assets. We do not take investment discretion on your accounts.
please register to get more info
EM 17 We are strictly a referring advisor registered to introduce Portfolio Managers to manage your
investable assets. You will want to consult the Portfolio Manager’s Disclosure Brochure on their
proxy voting policy.
please register to get more info
EM 18 We do not take physical custody of any funds or securities and we do not bill management fees.
We are strictly a referring advisor registered to introduce Portfolio Managers to manage your
investable assets.
We are not aware of any current financial conditions that are likely to impair our ability to
meet our commitments to you. In addition, the Company has not, nor have any of our officers
and directors, been the subject of a bankruptcy petition at any time during the past ten years.
REQUIREMENTS FOR STATE-REGISTERED ADVISERS ITEM 19Information of each of our principal executive officers and supervised persons can be found in
the attached Form ADV Part 2B: Brochure Supplements.
END OF DISCLOSURE BROCHURE Page 1 of 2
FORM ADV: PART 2B
BROCHURE SUPPLEMENT
This Brochure Supplement provides information about Scott H. Freeman that is an accompaniment to
the Disclosure Brochure for our firm, Devon Investment Advisory, LLC. You should have received both
of these together as a complete disclosure packet. If you did not receive our Disclosure Brochure or if
you should have questions about this Brochure Supplement for Mr. Freeman, you are welcome to
contact us – our contact information is listed to the left.
Additional information about Devon Investment Advisory, LLC and Scott H. Freeman is also available
on the SEC’s website at www.adviserinfo.sec.gov.
5847 San Felipe Street
Suite 4550
Houston, Texas 77057
CONTACT INFORMATION
Tel: 713.893.0733
SUPERVISION
J. Ross Rutherford
Chief Compliance Officer
Phone:
713.893.0733
e-Mail:
[email protected] Mr. Rutherford is responsible for
the regulatory oversight of our
advisory practice – ensuring our
business activities are compliant
with all federal and state
regulations and that we are
operating in compliance with our
written policies and procedures.
His other duties include, but are
not limited to: discussing
Portfolio Manager options with
clients and ensuring all
disclosures are being made
regarding the Portfolio Managers
for clients to make informed
decisions.
BROCHURE SUPPLEMENT
DATED
1
MARCH
2020
Scott H. Freeman
CRD#: 4042980
Year of Birth: 1978
EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE
Education
2001 – The University of Texas: Bachelor of Business Administration in Finance
Licenses
FINRA Exams: Series 6 – Investment Company Products/Variable Contracts Rep. Exam (Retired)
Series 63 – Uniform Securities Agent State Law Examination (Retired)
Series 65 – Uniform Investment Adviser Law Examination (Active)
Insurance: Texas Life, Health & Annuity Insurance License
Business Background
01/2019 – Present ..... Devon Investment Advisory, LLC
Position: Managing Member
01/2019 – Present ..... Archer Systems, LLC
Position: Co-Chairman
05/2014 – Present ..... Greystone Advisory Group, LLC
Position: Managing Member & Chief Compliance Officer
02/2014 – Present ..... Sage Settlement Consulting, LLC
Position: Co-Chairman
01/2009 – Present ..... Freeman Financial Services, LLC
Position: Owner
06/2015 – 05/2016 .... Cambridge Investment Research, Inc.
Position: Registered Representative
10/2002 – 06/2015 .... MassMutual Financial Group
Position: Registered Representative
10/2002 – 06/2015 .... MML Investors Services
Position: Investment Advisor Representative
02/2008 – 01/2010 .... The James Street Group
Position: Settlement Planner
DISCIPLINARY INFORMATION
Mr. Freeman has not been found to be the cause of, or been found to be involved in, any civil
litigation, self-regulatory organization/administrative proceeding involving investment-related
business activities at any time during the past ten years; or, personally ever been the subject of a
criminal action.
OTHER BUSINESS ACTIVITIES
Financial Industry Affiliations
Mr. Scott H. Freeman, in addition to being the Managing Member of Devon, in one or more
companies, may: (i) serve as a member on the Board of Directors and/or as an officer or partner in
which he has other managerial duties; (ii) serve on an Investment Committee; (iii) act simply as a
passive shareholder; and/or (iv) provide additional services as a representative of that entity. These
personal business interests are separate and distinct from the operations of Devon, including certain
advising and consulting activities that are beyond the scope of services we provide. See Item 10,
“Other Financial Industry Activities & Affiliations” in the Disclosure Brochure for a list of these
companies.
Referral to, from, and between these entities in which Mr. Freeman owns creates a potential
conflict of interest to our fiduciary duty to be impartial with our advice and to keep your interests
ahead of our own. As a control person, shareholder, and/or representative Mr. Freeman is able to
influence the direction of investment activities – keeping all services in house.
Accepting Mr. Freeman’s recommendation to use one of these entities, can lead to increased
personal revenues in the form of advisory/referral fees, salary, income/dividend returns, bonuses,
and incentive fees. Therefore, before accepting our recommendation to engage an affiliated
company, you may wish to consider other options to ensure that the services from our affiliates
are comparable or equivalent to the service you might receive from other independent firms.
© Almond Branch, LLC jointly with eAdvisor Compliance, Inc. – Brochure Supplement Design Layout. www.eAdvisorCompliance.com
Continuation of Information for:
Scott H. Freeman
CRD#: 4042980
Year of Birth: 1978
5847 San Felipe Street
Suite 4550
Houston, Texas 77057
CONTACT INFORMATION
Tel: 713.893.0733
Continuation of Financial Industry Affiliations
In addition to Mr. Freeman’s affiliation with financial industry related businesses, he also manages
and operates separate non-industry related companies. Mr. Freeman’s time devoted to these
different companies can range from 50% to 100% of his time depending on his responsibilities,
operating constraints, and administrative duties. Mr. Freeman’s responsibilities to these different
companies can create a time management conflict, which might impede his ability to address
your needs when hiring a Portfolio Manager to manage your assets through Devon. You should
consider this conflict of interest before making your final decision to engage us for advisory
services. Regardless, Mr. Freeman feels his responsibilities to these other businesses will have little
impact on the referral services offered by Devon since we do not manage investment accounts.
Licensed Insurance Agent
Mr. Freeman is a licensed independent insurance agent. He will receive the normal commissions
associated with insurance sales. This creates an incentive for him to recommend, should you
inquire, those products in which he will receive a commission. Consequently, the objectivity of the
advice rendered could be subjective and create a disadvantage.
You are under no obligation to accept Mr. Freeman’s recommendation to purchase any insurance
products. You are free to choose any independent insurance agent and insurance company to
purchase your insurance. Regardless of the insurance agent from whom you select to purchase your
insurance, he/she will earn the normal commission from the sale.
ADDITIONAL COMPENSATION
Mr. Freeman does not receive any economic benefit, sales awards, prizes or bonuses that are based
on the number or amount of sales, client referrals, or from opening new accounts.
REQUIREMENTS FOR STATE-REGISTERED ADVISERS
Mr. Freeman has not been found liable in an arbitration claim, civil litigation, self-regulatory
organization/administrative proceeding, or been the subject of a bankruptcy petition at any time
during the past ten years.
© Almond Branch, LLC jointly with eAdvisor Compliance, Inc. – Brochure Supplement Design Layout. www.eadvisorcompliance.com
This Brochure Supplement provides information about J. Ross Rutherford that is an accompaniment to
the Disclosure Brochure for our firm, Devon Investment Advisory, LLC. You should have received both
of these together as a complete disclosure packet. If you did not receive our Disclosure Brochure or if
you should have questions about this Brochure Supplement for Mr. Rutherford, you are welcome to
contact us – our contact information is listed to the left.
Additional information about Devon Investment Advisory, LLC and J. Ross Rutherford is also available
on the SEC’s website at www.adviserinfo.sec.gov.
5847 San Felipe Street
Suite 4550
Houston, Texas 77057
CONTACT INFORMATION
Tel: 713.893.0733
SUPERVISION
J. Ross Rutherford
Chief Compliance Officer
Phone:
713.893.0733
e-Mail:
[email protected] Mr. Rutherford is responsible for
the regulatory oversight of our
advisory practice – ensuring our
business activities are compliant
with all federal and state
regulations and that we are
operating in compliance with our
written policies and procedures.
His other duties include, but are
not limited to: discussing
Portfolio Manager options with
clients and ensuring all
disclosures are being made
regarding the Portfolio Managers
for clients to make informed
decisions.
BROCHURE SUPPLEMENT
DATED
1
MARCH
2020
J. Ross Rutherford
CRD#: 7046269
Year of Birth: 1995
EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE
Education
2018 – The University of Texas: Bachelor of Business Administration in Finance
Licenses
FINRA Exams: Series 65 – Uniform Investment Adviser Law Examination (Active)
Insurance: Texas Life, Health & Annuity Insurance License
Business Background
01/2019 – Present ..... Devon Investment Advisory, LLC
Position: Chief Compliance Officer
08/2018 – Present ..... Mass Mutual
Position: Licensed Insurance Agent
08/2018 – Present ..... Sage Settlement Consulting, LLC
Position: Settlement Planner
11/2018 – 04/2019 .... Greystone Advisory Group, LLC
Position: Investment Advisor Representative
02/2018 – 06/2018 .... Newgen Strategies Solutions
Position: Analyst
08/2014 – 05/2018 .... University of Texas
Position: Full-time Student
06/2017 – 08/2017 .... GM Financial
Position: Analyst
DISCIPLINARY INFORMATION
Mr. Rutherford has not been found to be the cause of, or been found to be involved in, any civil
litigation, self-regulatory organization/administrative proceeding involving investment-related
business activities at any time during the past ten years; or, personally ever been the subject of a
criminal action.
OTHER BUSINESS ACTIVITIES
Financial Industry Affiliations
Mr. Rutherford, in addition to acting as the Chief Compliance Officer and Investment Advisor
Representative with Devon, is also a Settlement Planner with Sage Settlement Consulting, LLC. Sage
Settlement Consulting, LLC is a full-service settlement planning firm assisting attorneys maximize
the settlement recovery needed to sustain a claimant’s quality of life during the post-settlement
years.
Referral to, from, and between these entities (i.e., Devon Investment Advisory, LLC and Sage
Settlement Consulting, LLC) creates a potential conflict of interest to Mr. Rutherford’s fiduciary
duty to be impartial with his advice and to keep your interests ahead of his own. As a
representative in each of the above-named entities, Mr. Rutherford is able to influence the direction
of investment activities.
Accepting Mr. Rutherford’s recommendation to use one of these entities, can lead to increased
personal revenues in the form of advisory/referral fees, salary, income/dividend returns, bonuses,
and incentive fees. Therefore, before accepting his recommendation to engage an affiliated
company, you may wish to consider other options to ensure that the services from these
affiliates are comparable or equivalent to the service you might receive from other independent
firms.
The time Mr. Rutherford devote to the activities of Sage Settlement Consulting can range from 70%
to 90% of his time depending on the complexity of the strategic advice being offered and the
operating constraints as part of his administrative duties. Mr. Rutherford’s responsibility to Sage
Settlement Consulting can create a time management conflict, which might impede him from
addressing your need to hire a Portfolio Manager. You should consider this conflict of interest
before making your final decision to engage us for advisory services. Regardless, Mr. Rutherford
feels his responsibilities to Settlement Alliance will have little impact on the referral services
offered by Devon since we do not manage investment accounts.
© Almond Branch, LLC jointly with eAdvisor Compliance, Inc. – Brochure Supplement Design Layout. www.eAdvisorCompliance.com
Continuation of Information for:
J. Ross Rutherford
CRD#: 7046269
Year of Birth: 1995
5847 San Felipe Street
Suite 4550
Houston, Texas 77057
CONTACT INFORMATION
Tel: 713.893.0733
Licensed Insurance Agent
Mr. Rutherford is a licensed independent insurance agent. He will receive the normal commissions
associated with insurance sales. This creates an incentive for him to recommend, should you
inquire, those products in which he will receive a commission. Consequently, the objectivity of the
advice rendered could be subjective and create a disadvantage.
You are under no obligation to accept Mr. Rutherford’s recommendation to purchase any insurance
products. You are free to choose any independent insurance agent and insurance company to
purchase your insurance. Regardless of the insurance agent from whom you select to purchase your
insurance, he/she will earn the normal commission from the sale.
ADDITIONAL COMPENSATION
Mr. Rutherford does not receive any economic benefit, sales awards, prizes or bonuses that are
based on the number or amount of sales, client referrals, or from opening new accounts.
REQUIREMENTS FOR STATE-REGISTERED ADVISERS
Mr. Rutherford has not been found liable in an arbitration claim, civil litigation, self-regulatory
organization/administrative proceeding, or been the subject of a bankruptcy petition at any time
during the past ten years.
© Almond Branch, LLC jointly with eAdvisor Compliance, Inc. – Brochure Supplement Design Layout. www.eadvisorcompliance.com
This Brochure Supplement provides information about Luke O. Vogt that is an accompaniment to the
Disclosure Brochure for our firm, Devon Investment Advisory, LLC. You should have received both of
these together as a complete disclosure packet. If you did not receive our Disclosure Brochure or if
you should have questions about this Brochure Supplement for Mr. Vogt, you are welcome to contact
us – our contact information is listed to the left.
Additional information about Devon Investment Advisory, LLC and Luke O. Vogt is also available on the
SEC’s website at www.adviserinfo.sec.gov.
5847 San Felipe Street
Suite 4550
Houston, Texas 77057
CONTACT INFORMATION
Tel: 713.893.0733
SUPERVISION
J. Ross Rutherford
Chief Compliance Officer
Phone:
713.893.0733
e-Mail:
[email protected] Mr. Rutherford is responsible for
the regulatory oversight of our
advisory practice – ensuring our
business activities are compliant
with all federal and state
regulations and that we are
operating in compliance with our
written policies and procedures.
His other duties include, but are
not limited to: discussing
Portfolio Manager options with
clients and ensuring all
disclosures are being made
regarding the Portfolio Managers
for clients to make informed
decisions.
BROCHURE SUPPLEMENT
DATED
1
MARCH
2020
Luke O. Vogt
CRD#: 4662711
Year of Birth: 1978
EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE
Education
2001 – University of Southern California: Bachelor of Science in Business
Licenses
FINRA Exams: Series 65 – Uniform Investment Adviser Law Examination (Active)
Business Background
09/2019 – Present ..... Devon Investment Advisory, LLC
Position: Investment Advisor Representative
11/2018 – Present ..... Sage Settlement Consulting, LLC
Position: Settlement Consultant
01/2017 – 10/2018 .... RBF Capital, LLC
Position: Trader/Operations
05/2014 – 06/2015 .... Lonestar Capital
Position: Trader
08/2011 – 02/2014 .... Ridgepoint Asset Management
Position: Trader
DISCIPLINARY INFORMATION
Mr. Vogt has not been found to be the cause of, or been found to be involved in, any civil litigation,
self-regulatory organization/administrative proceeding involving investment-related business
activities at any time during the past ten years; or, personally ever been the subject of a criminal
action.
OTHER BUSINESS ACTIVITIES
Financial Industry Affiliations
Mr. Vogt, in addition to being an Investment Advisor Representative with Devon, is also a Settlement
Consultant with Sage Settlement Consulting, LLC. Sage Settlement Consulting, LLC is a full-service
settlement planning firm assisting attorneys maximize the settlement recovery needed to sustain a
claimant’s quality of life during the post-settlement years.
Referral to, from, and between these entities (i.e., Devon Investment Advisory, LLC and Sage
Settlement Consulting, LLC) creates a potential conflict of interest to Mr. Vogt’s fiduciary duty to
be impartial with his advice and to keep your interests ahead of his own. As a representative in
each of the above-named entities, Mr. Vogt is able to influence the direction of investment
activities.
Accepting Mr. Vogt’s recommendation to use one of these entities, can lead to increased personal
revenues in the form of advisory/referral fees, salary, income/dividend returns, bonuses, and
incentive fees. Therefore, before accepting his recommendation to engage an affiliated company,
you may wish to consider other options to ensure that the services from these affiliates are
comparable or equivalent to the service you might receive from other independent firms.
The time Mr. Vogt devotes to the activities of Sage Settlement Consulting can range from 75% to 95%
of his time depending on the complexity of the strategic advice being offered and the operating
constraints as part of his administrative duties. Mr. Vogt’s responsibility to Sage Settlement
Consulting can create a time management conflict, which might impede him from addressing
your need to hire a Portfolio Manager. You should consider this conflict of interest before
making your final decision to engage us for advisory services. Regardless, Mr. Vogt feels his
responsibilities to Sage Settlement Consulting will have little impact on the referral services offered
by Devon since we do not manage investment accounts.
ADDITIONAL COMPENSATION
Mr. Vogt does not receive any economic benefit, sales awards, prizes or bonuses that are based on
the number or amount of sales, client referrals, or from opening new accounts.
REQUIREMENTS FOR STATE-REGISTERED ADVISERS
Mr. Vogt has not been found liable in an arbitration claim, civil litigation, self-regulatory
organization/administrative proceeding, or been the subject of a bankruptcy petition at any time
during the past ten years.
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