Form ADV Part 2A Update – FN2021-16
Effective June 7, 2021, ESI Financial Advisors (“EFA” or “the Firm”) has updated its Form ADV Part 2A (ES0408) to reflect changes to offerings on the ESI Illuminations platform.
The updated version of this form is available on the ESI Illuminations website and through the NLG website, via MerrillConnect. Please destroy and discontinue use of any previous versions of this disclosure document, and only use the current version.
Summary of ChangesThe ADV Part 2A (Item 4) has been updated to reflect the following changes to the ESI Illuminations platform offerings:
- Added Clark Capital Navigator MultiStrategy portfolios
- Added Fidelity separately managed account (SMA) options
- Removed ESI Illuminations Voyager
- Closed CLS third-party strategist program to new investors
Delivery RequirementsThe Form ADV 2A must be delivered to advisory clients at or before the time of entering into an investment advisory agreement. This includes clients with accounts in one or more of the following programs:
- ESI Illuminations
- EFA Financial Planning/Consulting Agreements
- American Funds Retirement Plan Platform
- AssetMark (adviser model)
- Morningstar
- Saratoga Advantage Trust
- Schwab Retirement Advisor Services
- SEI
As a reminder, Form ADV 2A – Appendix 1 is specific to the ESI Directions program and must be delivered to advisory clients with accounts in the ESI Directions program at or before the time of entering into an investment advisory agreement.
If you have any questions regarding the Form ADV 2A or Form ADV 2A-Appendix 1, please contact ESI Compliance at 800-344-7437.
TC121390(0621)1