"My HR department just gave me this stack of 401(k) stuff, and I can't make any sense of it."
"I just got an inheritance, and I'm not sure what to do with it."
"I'd like to start setting aside some money for my kid's college education, but I don't know where to start."
"401(k), IRA, Roth IRA . . . What's the best way to save for retirement?"
"I've had an account at this investment firm for years, but I've hardly looked at it. I wonder if these investments are any good?"
These are all situations where it's a good idea to seek out independent, objective professional investment advice. But sometimes it's hard to get started - where should you begin?
To be honest, investing isn't brain surgery. For the kinds of situations described above, investing is not much more complicated than say, buying a house, which is something most of us do at one time or another. Still, while some people can do OK buying or selling a house on their own, most of us will find it beneficial to use a realtor. It's kind of the same thing with investing. Some people can manage their investments on their own and do fine. But many of us would rather seek advice from an experienced, dedicated professional who has a good understanding of the investing business and will be completely objective, looking out only for the best interests of the client.
As you consider Brockelsby Investment Services, here are some points to keep in mind:
- We sell no products and receive no commissions for profit, so there's never a conflict of interest,
- We require no minimum amount of assets,
- Our fees are extremely low. A half-hour preliminary meeting to determine if you would like to become a client is free. If you decide you would, then a one-hour basic session to cover any of the above situations will usually cost only $80, with a follow-up session available for only $40. Considering that thousands, of dollars are at stake in your 401(k), IRA, kid's college fund or other investment needs, an $80 one-time fee up front can be pretty reasonable, if not down-right cheap.
If you have a portfolio that you want us to manage on an on-going basis, we charge eight-tenths of one percent (0.8%) of assets under management with a $400 dollar minimum. In other words, a $50,000 portfolio would cost $400, a $100,000 portfolio would cost $800, etc.
One other important point: as a Registered Investment Advisor, I have a fiduciary responsibility. That means that I am required to put my clients interests first. Every investment that I recommend has to be, in my judgment, the best investment for a client's particular situation. Some investment professionals are only obligated to recommend "suitable" investments, not necessarily the best investments. I began managing investments in 1993 for my family, and I still manage a lot of their investments. I strive to treat every client's assets like he or she was a member of my family. At Brockelsby Investment Services, we don't work for anyone but you.
If you already have an investment professional who you feel comfortable with and you would just like a
second opinion, I'd be glad to visit with you about that. I'm not interested in taking away your business
from your current advisor if you're satisfied with him or her. However, if you are struggling with any of the
situations I outlined at the top of the page, I do hope you will get some kind of professional advice, either
from me or someone else. I don't know for sure what direction the market is going to take in the next month or next year (and neither does anybody else), but I do know that implementing a sound long-term investment strategy now can make a big impact on your financial well-being in the future.