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. We have also included some conversation prompts (in blue) throughout this document that you may wish to ask us about. Blue Vista Capital, LLC (“Blue Vista”) is an SEC registered Broker/Dealer and a member of FINRA/SIPC.
ITEM 2 – WHAT INVESTMENT SERVICES AND ADVICE CAN YOU PROVIDE ME?
Blue Vista does not offer retail services or open brokerage accounts. We do not buy or sell securities on your behalf, hold no retail investor cash or securities, clear no trades, do not monitor any investments for you, and make no recommendations to you. Other brokerage firms will be able to provide a wider range of services for the average retail investor.
Blue Vista offers investments in proprietary, real estate private placement offerings to certain retail investors who qualify as Accredited Investors. Private Placements are securities that are generally exempt from registration with the SEC, and they can carry significant risks, including loss of some or all of your investment, the lack of a public market in which to sell your investment, a lack of publicly available information on the company or holdings within the investment, and no guarantee of return or of periodic payments.
Blue Vista offers its services to brokerage customers on a finder capacity. Detailed information about the investment can be found in the Offering Memorandum for each particular investment, which you must review carefully prior to investing. While Blue Vista may introduce a proprietary real estate fund to you, the ultimate investment decision as to your investment strategy, and the purchase or sale of investments, will be yours. We recommend that you review any potential investment with your investment advisor, legal counsel, or investment counsel.
Given my financial situation, should I choose a brokerage 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?
ITEM 3 – WHAT FEES WILL I PAY?
Blue Vista does not charge any fees for the brokerage services as described in Item 2. Customers pay no commissions or transaction fees, finder’s fees, placement fees, ticket charges, account opening or maintenance fees, sales charges, or other similar or typical brokerage fees of any kind, to Blue Vista.
If you were to invest in one of the private real estate funds introduced to you, you would pay fees and expenses to that Fund, as outlined in the Offering Memorandum. In return, the Fund may reimburse Blue Vista for certain operating expenses. This presents a conflict of interest that you should be aware of. Minimum investment requirements, as well as related fees and expenses, vary for each private offering, and you should review those carefully with your investment or tax professionals prior to investing.
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.
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 providing recommendations? How else does your firm make money and what conflicts of interest do you have?
When we provide you with a recommendation, we have to act in your best interest and not put our interest 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 recommendations we provide you. Here are some examples to help you understand what this means.”
If you were to invest in one of the private real estate funds introduced to you, you would pay fees and expenses to that Fund, and in return, the Fund may reimburse Blue Vista for certain operating expenses. This provides us with an incentive to have you become an investor. In addition, should you invest in any offering for which Blue Vista and/or a related entity have provided professional services (including, without limitation, investment banking, debt procurement, accounting, legal, property management, development management, or advisory related services), Blue Vista or such affiliate may receive compensation for such services.
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
The financial professionals of Blue Vista are not paid directly by Blue Vista, and they are not paid sales commissions or based upon assets under management. All Blue Vista Capital professionals are employed by an affiliated firm, which pays them a salary, a bonus, and in some cases, other forms of deferred compensation.
ITEM 4 – DO YOU OR YOUR FINANCIAL PROFESSIONALS HAVE LEGAL OR DISCIPLINARY HISTORY?
No. Please go to Investor.gov/CRS for free and simple search tools to research our firm and our financial professionals.
As a financial professional, do you have any disciplinary history? For what type of conduct?
ITEM 5 – ADDITIONAL INFORMATION
For additional questions about our firm, services, or background, to request a free, current copy of our Form CRS, or if you have any concerns with how you are being treated by an employee of our firm, please contact the firm’s Counsel, Erick Harris, at 312.578.0033.
Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer?
Who can I talk to if I have concerns about how this person is treating me?