Frequently asked questions
Why hire a private money manager when I can just buy a fund?
When you invest in a fund you buy into a portfolio containing individual
stocks which may have been bought at good prices originally, but today
are not good investments at current prices. When you have a portfolio
designed and run only for you, the goal of each purchase or investment
will be to benefit you individually. Likewise when other investors
in a fund you have purchased or the fund's management decides to sell
equity positions held in the fund's portfolio, you may end up paying
taxes on other's decisions and/or sales. Again, when you have a portfolio
built and run for you only, although you will pay taxes, the decisions
taken will take your personal situation into account. In other words,
why take the bus when you can take your own car?
How do I open an account?
Contact us to talk to an associate about our products and services. Or, fill out an online questionnaire, and we will contact you shortly.
Who has access to my money?
Only you can add or withdraw money from your brokerage account. You only authorize
us to manage your portfolio through a limited power of attorney
Do I need to have a brokerage account?
Yes--we can work with your existing brokerage account, or help
you open one.
How much money do I need to open an account?
Typically $50,000 is the minimum, but there are situations when an account can
be opened with much less, so request your free interview to see how we can be
of help.
More questions? Call us at 512-346-9705, or send us email.
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