This is an ongoing discretionary investment management service where we act on your behalf as your fiduciary via limited power of attorney with a third party custodian.
Client portfolios are reviewed and revised as appropriate relative to the client's objectives.
A written Investment Policy Statement, which becomes our roadmap to investment management, is developed based on the client's risk tolerance, goals, objectives, income needs, and time horizons.
Buy, sell, and hold actions are based on the Investment Policy Statement.
Cost basis information is maintained by us and the custodian.
Quarterly performance reports and periodic communications and meetings are provided by us.
Monthly account statements are provided by the third party investment custodian.
Daily online access to account information is available.
This service also provides for investment selection, asset allocation, asset location guidance, and portfolio rebalancing as needed.
Exchange traded funds (ETFs), no-load mutual funds, no-load index funds, bond mutual funds, and individual bonds are used as appropriate.
Action Plans are not included with this service, but are available for additional fees.
Fees:
Tier
Quarterly
Nominal Annual
(a) first $1,000,000
1/4 of one percent
1.00%
(b) next $2,000,000
3/16 of one percent
0.75%
(c) above $3,000,000
1/8 of one percent
0.50%
Fees for larger accounts to be determined based on individual circumstances.
The minimum quarterly fee is $750.
