Frequently Asked Questions
Yes – when we act in the portfolio manager capacity, which is the case for our Private Investment Management (PIM) accounts. James S. Gibbons is a PIM Portfolio Manager and, therefore, acts in a fiduciary capacity. However, this is not always the case for standard brokerage accounts. Through our transparent model, we strive to inform clients whether our advisors are working as fiduciaries or not.
We work on a fee-basis rather than by commission. Our annual fees are based on assets under management (AUM) and are billed quarterly.
On average, our fees tend to be lower than 1% on the total AUM. Although fees vary based on the size of the portfolio and wealth management needs, most portfolios under $1 million are charged 1% of AUM, while accounts over $1 million receive breakpoints –fees are often reduced when portfolio sizes reach $2 million, $3.5m $5 million, $7.5m, $10 million, $15 million, and $25 million. Fees on portfolios over $25 million are negotiable.
Fees for an advisory program include advisory services, performance measurement, transaction costs, custody services, and trading. Fees are based on the assets in the account are assessed quarterly. There is a minimum fee per calendar quarter to maintain these types of accounts.
Our relationship is ongoing – we provide the services you need on a continuing basis. As new developments arise in your life or your business, we make adjustments to your plan to help you overcome unexpected financial challenges. If you ask a question, we’ll provide you our best, independent advice. If we need to pull in your other professionals, we meet with them. Anything that makes your experience smoother and more successful. In short, we’re here for you.
We begin every initial consultation by getting to know our future clients, thoroughly examining their needs, challenges, and goals.
Our fees include access to your financial advisor and the other members of the Alpha Pointe Capital team. You will receive holistic retirement planning, annual reviews, and a customized portfolio based on your goals. We actively manage your portfolio and monitor our advisory accounts, and we are willing and available to meet with your other trusted financial professionals, such as your attorney or CPA.
We often assist clients with unique situations, such as company stock options, large position of company stock, estate planning strategies, or caring for a family member with special needs. These are just a few of the comprehensive wealth management services that we’re happy to help you with.