Investment
Decisions
For your benefit
W&M
portfolio management services are offered solely on
a discretionary basis. That means investment
decisions are made in your behalf and for your benefit.
After our initial discussions and suitability review,
the next step may be a preliminary engagement letter.
It may
be followed by
additional discussions to arrive at a mutually satisfactory investment policy and guidelines statement. Following
that, a management contract may be signed.
Dependent upon the portfolio structure and its operational
requirements, fees begin at one percent (1%) of assets
under our management paid quarterly in advance. Fees for
separate large
portfolios may be negotiated. Buy/sell transaction charges
are billed to accounts. SEC and FINRA required fees, printed
document copies, and taxes are paid by the investor.
Monthly statements and account information will be available
to you online. In addition, we periodically
communicate by email our opinions about the financial markets
and the economy.
Most clients are individuals with taxable portfolios,
IRA Rollovers, or tax deferred retirement accounts of various
types. Aggregate
client assets accepted for portfolio management begin at
$250 thousand.
Services such as tax advice and estate planning are the bailiwick
of other experts. Please consult your CPA and attorney. We
do what we do best, offer opportunities to limit overall portfolio
losses and endeavor to achieve postive returns in all market
conditions.
To us investment success is not a return relative to an index.
Measure us by the Absolute Return of your portfolio.
After withdrawals and expenses, you either have more money
today than in the past
or you do not. |