We offer several discretionary strategies that are managed by either Bill Eitze or Jonathan Dickey.
Many clients prefer to have some or all of their assets handled on a discretionary basis. Discretion means that the investment manager buys and sells individual security positions without contacting the client for their approval.
Clients choose this approach for two reasons. First and foremost, investment opportunities can come and go very quickly. Whether we are buying or selling, the time involved to speak with each client for whom a particular action is appropriate takes time which is better spent executing the trade and analyzing the stock market. If a client can not be reached due to travel or other circumstances, the client’s investment opportunity may be lost.
Secondly, clients have chosen to use our expertise and experience to handle their investments. They are less interested in individual stock investments than in obtaining satisfactory investment performance. This group of clients expect us to make the day to day decisions of investment management. They trust us as fiduciaries to act in their best interest.
All of our discretionary accounts are fee based. Fees are based on the asset value of the account and are assessed on a quarterly basis. Advisory accounts are not appropriate for all investors. Specifically, these accounts are actively managed and are not designed to hold positions that an investor does not want to sell or for investors who want to excessively trade.
We offer multiple strategies that involve a combination of individual stocks, exchange traded funds and or mutual funds to achieve a targeted objective. To learn more about the specific strategies that we offer, account minimums and obtain a current copy of the Investment Advisor’s ADV Part II filing please feel free to contact us.
All investment are subject to risk, including loss. This is no assurance that any investment strategy will be successful. Asset allocation and diversification does not ensure a profit or protect against a loss. It is important to review the investment objectives, risk tolerance, tax objectives and liquidity needs before choosing an investment style or manager.
In a fee-based account clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2A as well as the client agreement.
This portfolio strategy may contain Exchange Traded Funds (ETF) and/or Mutual Funds. Investors should carefully consider the ETF and mutual fund investment objectives, risks, charges, and expenses before investing. The prospectus contains this and other information and can be obtained from the ETF or Mutual Fund sponsor as well as from your financial advisor. The prospectus should be read carefully before investing.
