|•||What types of services does your firm offer ?|
|•||What types of assets does your firm invest client assets in ?|
|•||What is your fee structure ?|
|•||I currently work with a broker and receive a regular statement. Will I also receive a statement from Jerrmar Capital Management ?|
|•||What if I don't have a broker ?|
|•||How often do you meet with clients to review investment objectives, performance, or other matters relating to my account ?|
|•||How do I open an account ?|
Jerrmar Capital Management offers Portfolio Management and Asset Management services for individuals, tax deferred accounts, trusts, estates, and charitable organizations. We are not a brokerage firm. Clients must arrange for separate custody of their assets.
We will invest client assets in the following types of assets, appropriate to the client investment needs, risk tolerance, and investment time horizon:
Corporate Debt Instruments (including Commercial Paper)
Money Market Funds
United States Government Securities
The fee schedule is as follows:
8/10ths of 1% on the first $500,000
7/10ths of 1% on the next $500,000
6/10ths of 1% on the balance
The management fee is based only on the amount of assets under management. We do not receive compensation or commissions from transaction activity. Performance fees are not permitted. When an account is opened with the firm an initial appraisal is prepared which sets the fee for the first quarterly period or part thereof. Subsequent quarterly fees are based on the prior quarter's ending value. There is no prepayment of fees. Fees are billed and due at the end of each calendar quarter.
It will be our policy to negotiate fees for large accounts, special relationships, charitable accounts, or unusual circumstances. The relationship can be terminated at any time by either party. Fees can be paid directly from your account or we can invoice you directly for payment.
Clients will receive a portfolio appraisal at least once per calendar quarter. If necessary and requested by the client, we will provide monthly account appraisals. Additionally, we can provide clients with an appraisal or other special report at any time it is needed. The brokerage firm, as custodian, will also provide clients with regular monthly statements and a confirmation each time a transaction is initiated for the account by the adviser.
Additionally, as an auditing measure, Jerrmar Capital Management receives copies of all client brokerage statements and transaction confirmations. This duplicate set of records is stored by our firm and used to generate the client statement.
We will be happy to provide you with a list of brokers with whom we have established relationships. Ultimately, it is up to the client to determine which broker you prefer to execute directed transactions and provide custody of your assets.
We are available at your convenience to meet with you or discuss your account by telephone.
Please contact us directly at (248) 269-9222 or e-mail us at email@example.com to schedule a meeting to discuss our services. Please include your contact information along with the best method, and convenient times, to reach you.