East Wind Securities, LLC
Customer Relationship Summary (Form CRS)
December 1, 2020
East Wind Securities, LLC (“the Firm”) is registered with the Securities and Exchange Commission (SEC) as a broker- dealer and is a member firm of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available for you to research firms and financial professionals at www.investor.gov/CRS, a website maintained by the SEC to understand these differences. These tools can also provide you with educational materials about broker-dealers, investment advisers, and investing.
The Firm conducts private placements of securities as placement agent or finder. The Firm’s financial advisory services focus on assisting clients in analyzing, preparing for and participating in value-enhancing transactions. The Firm has a broad range of experience in handling Financings, M&A (buy-side and sell-side), Joint Ventures, Restructurings, Valuations, Fairness Opinions, and Strategic Alliances.
We do not open or maintain customer accounts, in that we do not establish formal relationships with “customers” for the purpose of effecting transactions in securities. We offer brokerage services to accredited investors, which include our making recommendations regarding the buying of unregistered securities (private placement securities) consistent with your investment strategy, determining your suitability for investment in private placement securities and facilitating the execution and settlement of your private placement securities transactions. We do not provide on- going monitoring of private placement securities. Additionally, our services are provided on a non-discretionary basis. While we may recommend investments for you, the ultimate investment decision regarding the purchase of private placement securities will be yours. Our investment advice covers a limited selection of investments. Other firms could provide advice on a wider range of choices, some of which might have a lower cost.
If you invest in a private placement security through us, you will not incur traditional brokerage fees. All fees and commissions are the responsibility of the issuer. Your capital commitment will be recognized by the issuer however, a portion of your investment will be used to pay us a transaction-based fee, generally referred to as a commission, every time you buy any such an investment. Each investment offered by the Firm is solicited and sold utilizing documents provided to you by the issuer describing the transaction and associated fees in detail.. These offerings typically charge up-front fees. All clients should refer to the offering document for the specific PPM for commissions and other fees, if any, to be charged on their investment. While our fees vary, they are not generally negotiable as they are generally set by the issuer of the respective private placement security. Thus, the amount you pay will depend, on the commission negotiated between the issuer of the private placement securities and us, how much you invest and security type.
You will pay fees and costs whether you make money 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 will be paying.
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 and investment advice we provide you. Here are some examples to help you understand what this means:
No. Please see www.Investor.gov/CRS or https://brokercheck.finra.org for a free and simple tool to obtain information to research the firm, background and experience of us and our financial professionals.
If you would like additional, up-to-date information or a copy of this disclosure, please contact Joshua Schwartz by phone at 646-202-1500, or by email at email@example.com.
Your registered sales professional is your primary contact. You may also contact Joshua Schwartz, 646-202-1500, firstname.lastname@example.org.