Where do my monies reside?
We manage assets but we do not hold them. A custodian holds your assets.
A custodian is typically a financial institution that is responsible for safeguarding your assets. Your assets are held on the custody side of that financial institutions’ business. The reason for using a custodian is because there are safeguards in place to protect your monies. We have a relationship with some custodians that offer competitive rates for custodial services.
In certain circumstances a few banks permit external money managers to manage client’s assets on a discretionary basis through a clients’ existing brokerage account(s).
Consult with us for further details.
Our fee structure is extremely competitive.
For discretionary accounts there are several types of fees that you will need to be aware of.
Management Fees – are the fees that are paid to manage your assets.
Custodian Fees – are the fees that the custodian charges to hold your assets and maintain financial records for your account.
Trading Fees – are the costs that are incurred as a result of ongoing transactions in your account.