Below are questions & answers to some frequently asked questions (FAQs). Please click on a question to view the answer below it.
We charge a management fee based on a percentage of the value of the assets we manage. To align ourselves with our clients, we receive no compensation from anyone other than our clients, including commissions or other forms of payment from investment product providers or financial institutions. Our fee is billed quarterly and normally deducted from the client’s account.
No, all consultations are offered as part of our normal management fee. In fact, we welcome the opportunity to discuss tax or estate planning opportunities with other professionals that you have engaged. We realize that they may charge you for their time to speak with us, so we will not undertake these discussions without your permission, unless as a result of a direct inquiry from them. If you have a need to find a tax professional, attorney or insurance specialist, we are happy to provide referrals to professionals who can best be of assistance to you. We accept no referral fees from anyone in return for referring a client.
We offer each prospective client a no-obligation analysis of their current situation, as well as our ideas about what changes we might suggest. This way both your investment position and our initial suggestions are clear.
It’s easy. Here is a checklist of documents we initially need to get you started:
- Financial statements for the accounts you would like to transfer
- Social security number or tax identification number
- Driver’s license (for both parties if it’s a joint account)
- Trust or partnership documents (if applicable)
- Will (if applicable)
Our goal is to make this as simple as possible as we assist you to have a seamless transition of your account(s) from your current investment firm. We do not charge any additional fees to transfer your assets.
In most cases, there are investment changes we will recommend. Often the changes are implemented over time. For example, some clients may have significant unrealized investment gains in their current holdings that could trigger large taxes if they were sold. In other cases, clients have specific holdings they have a particular desire to keep. In all cases, we will use our best judgment to recommend the most appropriate portfolio for you, then adjust and adapt it to accommodate your specific goals.