During this initial meeting, we "get everything out on the table" as we review your current financial situation, priorities and long-term goals. We will explore your risk tolerance, address your concerns and answer any questions that may not have been addressed during the initial phone interview.
Proposal Letter
Following the initial meeting, we will prepare a proposal letter based on the information you provided, your risk tolerance and financial goals. We may contact you during this process if we should require additional information. Along with the proposal letter, we will also prepare the necessary new account paperwork required by Fidelity.
Implementation
When your proposal letter arrives, you will also find the paperwork for transferring your account from the current custodian to Fidelity. Once you have returned these documents, we will contact your current custodian and complete the transfer. In most cases, we will sell the securities in your account after the transfer is made and replace them with those that are in accordance with our plan. Should you want to retain certain securities in your account, we will gladly work with you.
Account Monitoring
Your account's performance is monitored throughout the year. Should your personal situation change, we will modify our strategy as necessary. For example, if an event causes you to require more income, or if your risk tolerance changes, we will make appropriate adjustments to your account.
Communication
We communicate with you in five ways: monthly e-mail updates, quarterly newsletters, quarterly performance reports, periodic phone calls, and face-to-face meetings. Of course we are always available to answer your questions and address any concerns you may have.
Our Fees
Client fees are our only source of revenue. We do not accept commissions generated from the sale of investment products. Therefore, we avoid the conflicts of interest that can affect the recommendations of others in the financial services industry.
Fees are based on a percentage of assets under management. Management fees are billed quarterly in arrears, based upon the market value of the assets on the last day of the previous quarter.
Fees can be paid in one of two ways. You can authorize that they be automatically deducted from your account each quarter, which is what most of our clients do. Alternatively, you can pay us by check each quarter via direct billing. For more detailed information on our fees, please see our Form ADV Part II.
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Managed Account Program
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Total Managed Assets
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Annual Fee |
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Less than $500,000 |
1.30% |
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$500,000 to $1 million |
1.25% |
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$1 million to $3 million |
1.15% |
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Above $3 million |
0.95% |
These fees do not include the normal fees associated with owning a mutual fund. If any transaction fees were incurred for specific purchases, you would pay them directly to Fidelity. All mutual fund purchases are made with no sales loads or commissions.
Account Size
TABR Capital Management, LLC has a minimum account size of $300,000 in investable assets.
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