How is service provided?

We have regular communications with clients and meet periodically as well. A comprehensive review and update of all financial planning issues typically happens twice per year but no less often than once per year. Clients also contact us with questions that arise between our meetings. We provide clients with portfolio reports and investment performance statements on a quarterly basis.

Investment accounts are monitored on an on-going basis. Investment changes are made as needed, and clients are provided with regular updates on our research and investment outlook. We monitor the fundamental outlook and valuation of investments.

We make trades of listed securities for clients using a “limited power of attorney.” We have either discretionary or non-discretionary authority to make trades on behalf of our clients. Discretionary authority means that we have the discretion to make trades in accordance with the individual client's written investment policy statement, but without first discussing each specific trade with the client. Alternatively, non-discretionary authority means that we first obtain the client's consent prior to making each individual trade. If requested, we will vote client’s proxies for company and mutual fund issues brought to shareholders, following a procedure for which we have a specific written policy.