> FICTITIOUS DOCUMENT — FORGE DEMO ONLY · SPECIMEN

# Client Review Memo — The Bexley Household (H063)

- **Clients:** Miriam Bexley, Bettina Bexley
- **Meeting date:** 2026-07-30 (in-office)
- **Advisor:** Marcus Hale
- **Cadence:** semiannual review
- **Client since:** 2020-05

## Agenda & discussion

1. **Semiannual review.** Reviewed performance and cash flow since the winter meeting.
   Allocation within tolerance; no rebalance needed.
2. **New savings goal.** They want to earmark funds for a second-home down payment in
   about three years — roughly $90,000 target [color]. Discussed holding that portion
   more conservatively as the date approaches.
3. **Fee question.** Miriam asked how the advisory fee is calculated; walked her through
   the tiered schedule at a high level. No concern, just wanted to understand it.

## Decisions

- Carve out a short-horizon bucket for the down-payment goal at the next contribution;
  hold it in the Stonemere Intermediate Bond and Northquay Government Money Market funds.

## Action items

| # | Item | Owner | Due |
|---|---|---|---|
| 1 | Set up the short-horizon bucket at the next contribution | Marcus | 2026-08-14 |
| 2 | Email Miriam the one-page fee-schedule explainer | Priya | 2026-08-06 |

*— M. Hale, 2026-07-30*