Frequently Asked Questions

Do you have a minimum account size? Not at this time, however, we are growing considerably and may institute a $50,000 minimum soon.

“Do I have to move my accounts to Scottrade?” The short answer is No, but, we have developed a working relationship with Scottrade that significantly reduces your trade and holding costs. Their platform is very user friendly and their fee structure is one of the best in the industry.

“Can you manage my individual 401K account at my current employer?” Yes. We have many client’s who are currently employed and wanted us to make investment decisions on their behalf within their employers 401k plan. We do have a reduced fee for this service due to the limited investment choices offered in most 401k plans. We may require you to open a separate account for the purpose of billing the management fee for your 401k.

“How am I billed for your management fee?” As explained in our ADV Form, your management fee is billed quarterly in arrears based on your account balance at the end of each quarter.

“How long does it take for my accounts to transfer?” This depends on where the funds are coming from. If you currently have an account with a broker/dealer, it is usually 7-10 business days for securities to transfer in kind. If you are moving money from an insurance company, it can be as long as 2-3 months.