Important Disclosures

Legal and Regulatory Information

Investment Adviser Registration

Invest Vegan LLC DBA Ethical Capital is registered as an investment adviser with the Utah Division of Securities. Registration does not imply a certain level of skill or training. More information about our investment advisory services is available in our Form ADV Part 2, which is available upon request.

General Disclaimers

Not Investment Advice

The information contained on this website is for educational and informational purposes only and does not constitute investment advice. Any investment or strategy mentioned may not be suitable for all investors and you should consult with a qualified investment adviser before making any investment decisions.

Past Performance Disclaimer

Past performance is not indicative of future results. All investments involve risk of loss, including loss of principal. No investment strategy or risk management technique can guarantee returns or eliminate risk in all market environments.

Forward-Looking Statements

This website may contain forward-looking statements regarding our expectations about future market conditions, investment performance, or business operations. These statements are based on current expectations and assumptions that may prove to be incorrect. Actual results may differ materially from those expressed or implied in forward-looking statements.

Risk Disclosures

Investment Risks

  • Market Risk: All securities are subject to market volatility and may lose value
  • ESG Risk: ESG screening may limit investment opportunities and affect performance
  • Concentration Risk: Focused portfolios may be more volatile than diversified ones
  • Liquidity Risk: Some investments may be difficult to sell during market stress
  • Regulatory Risk: Changes in laws and regulations may impact investment performance

ESG-Specific Risks

  • Limited Universe: ESG screening reduces the investable universe, which may impact diversification
  • Data Quality: ESG data may be incomplete, inaccurate, or subject to interpretation
  • Evolving Standards: ESG criteria and methodologies continue to evolve and may change over time
  • Performance Impact: ESG constraints may result in performance that differs from broader market indices

Fee Disclosures

Advisory Fees

Our investment advisory fees are disclosed in detail in our Form ADV Part 2 and client agreements. Fees may be negotiable based on account size and other factors.

Additional Costs

Clients may incur additional costs including but not limited to:

  • Custodial fees charged by the account custodian
  • Transaction costs for buying and selling securities
  • Mutual fund or ETF expense ratios
  • Tax preparation and accounting costs

Fee Billing

Advisory fees are typically deducted directly from client accounts on a quarterly basis. Detailed fee calculations are provided in quarterly statements.

Conflicts of Interest

Personal Trading

Our employees may own the same securities recommended to clients. We have policies in place to address potential conflicts and ensure client interests are prioritized.

Outside Business Activities

Any outside business activities or relationships that could create potential conflicts of interest are disclosed in our Form ADV Part 2.

Custody and Safekeeping

Qualified Custodian

Client assets are held by qualified custodians (typically Charles Schwab or Fidelity) and not by ECIC. Clients receive statements directly from their custodians.

Account Access

ECIC has limited power of attorney to manage client accounts for investment purposes but does not have custody of client assets.

Privacy and Confidentiality

Client Information

We maintain strict policies regarding the confidentiality of client information. Details of our privacy practices are outlined in our Privacy Policy.

Data Security

We employ industry-standard security measures to protect client data and account information.

Regulatory Compliance

Form ADV

Our current Form ADV is filed with the Utah Division of Securities and is available upon request or through the SEC’s Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov).

Regulatory Oversight

Our firm is subject to examination by state securities regulators and maintains compliance policies and procedures.

Client Complaints

Any complaints regarding our services should be directed to our Chief Compliance Officer. Clients may also file complaints with the Utah Division of Securities.

Specific Disclosures

Truth-Seeking Analysis™

Our proprietary “Truth-Seeking Analysis” methodology is based on our internal research processes and has not been independently verified by third parties. Results and effectiveness may vary.

Performance Reporting

Performance figures presented represent model portfolios or composites and may not reflect the performance of individual client accounts due to timing of investments, cash flows, and individual circumstances.

Exclusion Criteria

Our ESG exclusion criteria are based on our internal research and may not align with other ESG methodologies. Companies may be added to or removed from exclusion lists based on changing circumstances.

Website Disclaimers

Technical Issues

While we strive to maintain accurate and current information, technical issues may occasionally result in outdated or incorrect information being displayed.

Intellectual Property

The content on this website, including our proprietary methodologies and research, is protected by copyright and other intellectual property laws.

Contact Information

For questions regarding these disclosures or to request copies of our Form ADV:

Ethical Capital Investment Collaborative LLC
90 N 400 E
Provo, UT 84606
Phone: +1 347 625 9000
Email: hello@ethicic.com

This disclosure document was last updated: August 2025

Important: This disclosure statement should be read in conjunction with our Form ADV Part 2 and client agreements. Nothing in this statement should be construed as a solicitation or offer to provide investment advisory services to residents of any state where we are not registered or exempt from registration.