We open client accounts in their name at the custodian such as Charles Schwab & Company, Inc.. This allows us to do no-load mutual funds as well as discount stock commissions. You will also receive monthly statements, trade confirmations, and other communications regarding your account from the custodian. All clients give us limited power-of-attorney, so we are able to execute trades on their behalf. Our trading and recommendations are in accordance with their Investment Policy and Objective Setting Questionnaire, which we complete for each individual client.
In the majority of clients cases, we adhere to the following sliding fee-schedule:
1% annually – For the first $100,000 in assets
3/4% annually -For $100,000 to $250,000
1/2% annually – Assets over $250,000