Our Fee-Based Asset Management may contain the following:
Publicly Traded Stocks
Selected Municipal Bonds
U.S. Government Bonds
Options
Alternative Investments
Bank Certificates of Deposit
Brokered Certificates of Deposit
Corporate Bonds
Exchange Traded Funds
Foreign Securities (ADRs)
Money Market Funds
Mutual Funds
Publicly traded MLPs-
Additional Products
Insurance Products
Annuities, both Variable and Fixed
Disability Insurance
Life Insurance
Long-term Care Insurance
Education and Retirement Savings Accounts
401(k) Accounts
529 College Savings Plans
Individual Retirement Accounts (IRAs)
Simplified Employee Pension Plans (SEP)
SIMPLE IRA Plans
We urge investors to analyze their current portfolio of investments and understand the “layers” of fees and expenses and understand the power of actual true investment management versus others in the industry that provide no management expertise but still charge fees on a percentage of assets. In our opinion, few people understand the concept of a “relationship manager” and an “investment manager” in the financial services industry when it concerns management fees. We believe as equity returns potentially become compressed, investors should be more concerned with the fees eating into their returns. According to the 2011 Investment Company Fact Book*, the average equity mutual fund shareholder paid 1.54% in annual expenses since 2000, and from a 2011 Study by PriceMetrix the average fee based account schedule averaged 1.37%. This brings total internal fee based expenses to almost 3%. A typical 3rd party money manager arrangement generally will involve mutual funds, an investment manager, and the relationship manager, each charging their own percentage of fees. We attempt to combine all three by utilizing individual securities and low cost ETFs as well as act as the investment and relationship manager to minimize expenses for the client.