How are you compensated?
For our financial planning and investment management services, we generally receive a fee based on the assets we manage. We may charge a monthly fee in lieu of an asset-based fee for certain clients. Occasionally, we receive a flat fee for creating a financial plan for certain individuals. All fees are discussed with clients before signing a contract and the fees are listed in the contract itself.
For insurance related services, we receive compensation through our related company, Aegis Financial Partners, LLC.
How much do you charge?
We charge between 0.5%-1.50%, depending on the size of the assets we manage. We may charge a flat fee rather than an asset-based fee depending on the scope of the project. Our fee covers all the services we list on our website (link).
Do you have an account minimum?
No, we do not have an account minimum. We look for select clients who we feel would be a good match for our services.
Can you manage my 401(k)?
Yes, we do manage some 401(k) directly, such as the Fidelity BrokerageLink® 401(k). Many large companies offer this option to their employees.
What is BrokerageLink®?
BrokerageLink® is an investment option in certain Fidelity 401(k) plans that allow an investor to access some or all of the investment options available through Fidelity. Rather than being limited to the investment choices available through the company 401(k), the investor can find the best options for him or her.
How do you work with BrokerageLink® accounts?
We are able to manage our client’s BrokerageLink® 401(k) account directly, which makes integration into their financial plan simple. If you are an employee of a company that has a Fidelity 401(k) and would like to learn more about how we can work with you, click here
Are my accounts insured?
Our custodian, Shareholders Service Group (SSG) is a member of SIPC. As a member of SIPC, SSG provides account protection up to $500,000, including $250,000 for claims of cash. Additional insurance is included through Lloyd’s of London. This provides excess account protection up to an aggregate limit of $1 billion, of which $1.9 million may cover cash awaiting reinvestment at the individual account level. This amount in excess account protection is the highest level of brokerage account insurance coverage available in the industry today.