Benefits of a Fee for Service account

Focus … On real issues that affect the success of a goal centered financial plan.

Freedom … From commissions and the resulting high MERs as well as the conflict of interest (real or perceived) between the advice given and the reason for it.

Flexibility … to use alternative investments such as ETFs, CIGs and Series F mutual funds and to rebalance the portfolio without additional charges.

Transparency … Advisor fees are transparent and may be tax deductible

Industry Changes

Wealth Management

Total wealth management means having access to a comprehensive suite of services delivered by one trusted advisor who has only one objective…helping you meet your long-term financial goals.

Fee for Service accounts

You pay a Fee for Service every month for that ongoing suite of services and advice independent of account size or the number or size of transactions.

No Commissions

You and your advisor are free to work together and develop an investment plan best suited for your long-term needs.

 

Investment Policy Statement

Using either a questionnaire or your investment experience as a guide we determine the best investment solution that would help you achieve whatever goal you have in mind.  We then put it in writing in the form of an Investment Policy Statement which we use to measure performance or determine success.  These questionnaires are fairly standard in the industry and help you determine an optimal risk / return strategy; however the best strategy is the one that gets you to where you want to go and knowing where that is is essential.

For investment purposes, assets are classified as cash, debt and equity. Asset allocation refers to the distribution of investment dollars between these three classes. Combining these asset classes is called diversification and is widely believed to be the most important contributor to your investment returns.

Given the almost infinite combinations that can be generated, computer programs have been utilized to analyze data and compute optimal or 'efficient' portfolios for various risk return scenarios.

Depending on your personal situation we may find that you would be best served with any one or more of the following investment alternatives and develop a portfolio within the selection.

 

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