First Person Investing

First Person Investing

Recent studies have revealed significant investor skepticism towards the financial services industry. With the multiple revelations on conflicts of interest, outrageous fee structures and limited practice range of many investment advisors, it is warranted that investors have become reluctant to trust that their individual needs remain the primary focus of investment advisors, financial planners and financial firms at large.  When we appraise responsibilities of the financial system on a collective level, the undeniable flaws and complex structure can leave the investor in a vulnerable position, especially when they are unaware of the difference between commission based, fee based and fee-only professionals.  The absence of clearly communicated fees and motivations of an advisor results in the diverging of interests between client and advisor, mostly at the client’s expense.

Allowing yourself to be confused by industry terminology, which by the way mostly benefits the firms and advisors, only adds to this misperception. Whether “commission based”, “fee-based”, or “fee-only” these terms ignore the biggest industry secret, they each hide the most predominant feature that firms and advisors are handing your money, and the responsibility, to a third party product manager, whether it is a mutual fund, separately managed account (SMA) or exchange traded fund (ETF). From there they charge you for merely being your record-keeper, not for any type of real asset management. In short, we do not believe in separating you from your hard earned assets, “First-Person”, further ensuring true transparency.

Reed Street Capital Management of Raymond James is, and always has been, a “first person” investment manager. This means that there are no extra layers between you and your assets, you see each and every security you own without a mutual fund, SMA, ETF or “product wrapper”. This also means no extra layers of fees or expense, no conflicts of interest with product providers, firms or other middlemen, just simple, effective and true asset management. We do not accept commissions, kickbacks, or any other kind of payments from vendors because we “directed” you to a certain investment decision that somehow benefited us, in no way is any part of our compensation determinant on product quota’s or “cross-selling”, in fact, these types of policies and procedures at many firms are why Reed Street Capital Management and our alliance with Raymond James came into existence. In addition, we are not exclusively fee-based or fee-only, how we are compensated is solely determined by the solution we provide and is fully disclosed prior to engaging our services. When we make recommendations, our only motivation—and, more accurately, responsibility—is strive to provide the very best guidance possible. This is important for us as well: it defines our mission. The cornerstone of that mission is to provide our clients with the most professional—and ethical—management imaginable.

Investment Management

The Basis of an Optimally Structured Portfolio

• Successful investment strategies are long term and strategic – but should be adjusted tactically based on shorter term shifts in economic cycles and market conditions.
• Diversification through asset and sector allocation is essential to optimizing the balance between risk and return.
• Tax efficiency is a critical component of success as the return on investment after taxes is what truly matters most.
• Fee minimization through the utilization of appropriate investment securities and other investment vehicles is imperative.

At Reed Street Capital Management we offer a comprehensive, fiduciary oriented approach to formulating a personalized investment strategy designed to your unique situation, we’re sure you have heard this before, then again we actually put this into practice. Our investment strategies are 100% objective, impartial and always in our clients’ best interest; we live our advice and counsel, therefore ensuring our vested interests are aligned with yours.

You have entrusted us with your money so we help ensure it is working for you in an optimal manner every single day. Reed Street Capital Management creates, monitors and adjusts each portfolio strategy in-house. This is a profound difference from advisors whom transfer management responsibility of investment portfolios to a third-party. By managing portfolios in-house, we are able to strip out a layer of fees for our clients while delivering an actively managed and personalized solution for our clients. While we take full responsibility for directing your investments, it is critically important to be aware that we never have possession of a client’s assets. All portfolios managed by Reed Street Capital Management are held by Raymond James & Associates, Inc.

We have developed specialized strategies for those transitioning from the asset-accumulation strategy of their working years to the time of asset distribution in retirement and understand the critical differences. Empowering you to be a successful investor over your lifetime entails implementing effective distribution strategies when appropriate. Just because the arithmetic of these two phases of portfolio management changes doesn’t mean your lifestyle, comfort or expectations need to do the same. We are experienced professionals helping clients develop steady streams of income when needed, while minimizing unnecessary portfolio volatility.

With so many services available to you in addition to advising and managing your portfolio, and that are always included as part of your relationship with us, we cannot list them here; which is another reason Reed Street Capital Management at Raymond James, in our opinion, is the economic choice of our clients.

Any opinions are those of the team at Reed Street Capital Management and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Holding investments for the long term does not insure a profitable outcome. Diversification and asset allocation do not ensure a profit or protect against a loss. Rebalancing a non-retirement account could be a taxable event that may increase your tax liability.