Investment Advisor Contract
The advisory contract provides us with the authority to manage your account on a discretionary basis, place trades within your portfolio and debit your account for our agreed upon investment management fee. We do not maintain custody of your assets as these are held with qualified custodians. This separation between investment manager and custodian provides you with an additional level of financial protection.
On a monthly basis your custodian will forward account statements confirming your investment holdings and activity. Furthermore, we provide quarterly appraisals and year-end schedules of portfolio income and realized gains and losses. In an effort to conserve natural resources this information can be securely delivered to you electronically. Learn more about PWM’s Green Initiative.
Investment Management Fee
Our investment management fee is based upon the value of assets under management. As a client fiduciary, we are required to fully disclose our fee structure so you may have a clear and thorough understanding of how we are compensated. We are not a brokerage firm, we are an independent registered investment advisor. We do not participate in any form of trading commissions or mutual fund reimbursements. Our clients’ interests always come first.