Please click on the links below to view the FAQ answers
How are you conpensated? Do I have to write you a check?
I am paid as a percentage of your account value. This fee can be anywhere between .75% and 1.25% and is billed quarterly. These fees are taken directly out of your account and are disclosed with your statements.
Where are my assets held?
Your assets are custodied by third parties such as TD Ameritrade. We do not hold the assets personally.
Do I get a statement?
Yes, you get a statement from TD Ameritrade at least quarterly. You also receive a more detailed statement from us showing rate of returns for various periods and includes our fee. These are sent out at the end of each quarter.
Are there any hidden fees?
The way we are paid is through fees only. This is disclosed in a statement to you every quarter. These are fees that go to 3rd parties such as transaction fees for buying and selling. Normally transaction fees run from $9.99 to $17.99 depending on the security. Also many securities can be bought with zero transaction fees. Mutual funds also impose their own fees.
You mentioned you act as a fiduciary. What does that mean?
As a fiduciary we represent you, the client, and not any 3rd parties such as brokerage firms or insurance companies. In fact, we sign a contract with our clients stating that we only represent them.
I work with a broker already. Why would I want to work with you?
I feel we have a very unique business model. You can get your investments managed, taxes prepared, and other financial matters taken care of by one firm for one fee.
Is there a minimum investment needed?
Our minimum for managed accounts is $100,000.
I have a small $5000 account. Can you help me?
We would be happy to sit down with anyone. Sometimes we set up investment accounts on a pro bono basis.
I have a brokerage account I would like to move. How do I go about it?
Actually it's very simple. We fill out a transfer form and send it in. You do not have to go back to see the broker.
Where do you invest your money?
At CSH we eat all our cooking. All of our accounts are held at TD Ameritrade. I also invest through a private partnership I manage alongside with my client's money. This fund is open to accredited investors only.
Do you offer general brokerage accounts? For instance if I want to buy and sell certain stocks for my account can I do that through you?
All our accounts are discretionary. In other words we make the buy and sell decisions. We do not allow our clients to trade using these accounts.