Getting Started

Two Page Contract

Getting started is simple.  We will discuss several issues including the selection of a custodian (broker)  and your investment objectives.

       

Several days later, you will receive a packet containing our two-page contract called the Investment Management Agreement and custodian paperwork.  Also  enclosed will be a copy of the S.E.C. form ADV Part II (Investment Advisor Registration Statement) for your review.

      

We will mail you an initial review which will include your copy of the signed contract, a proposed  statement of investment objectives, a copy of our quarterly invoice, and an accounting of the initial  securities and/or cash which funded the account.

 

 If at any time you wish to discontinue the  relationship,  we will refund your pro-rata portion of the fee with no other  charges, penalties, or expenses.

 

As indicated in the contract, you have five days from receipt of the  initial review to void the agreement with no fee due.  Any investments prior to notification would be at your risk. 

 

Fee Schedule  Enhanced Income Premium Choice Fixed Investment
0.75% Annually on First $1,000,000
0.50% Annually on next $9,000,000
Negotiable Thereafter
Minimum Account Size - $300,000
Minimum Annual Fee -$2,250

 
Fee Schedule  Smart Bear Balanced Accounts
Maintenance Fee
1.0% Annually of the assets.      
Minimum Account Size- $300,000.

Performance Fee for Accredited Investors
20% of the net gain (defined as the sum of all realized and unrealized gains and losses on a calendar quarter basis) for Accredited Investors . The concept of a "high water mark" is utilized.

 
Fee Schedule  Balanced Managed Accounts
0.75% Annually of the First $1,000,000.
0.50% of the Next $9,000,000.
Minimum Account Size - $300,000.