Resources

Frequently Asked Questions

Who has custody of my money?

Our client’s assets are custodied at National Financial Services (NFS), with whom Commonwealth maintains a strategic relationship with.  NFS, a Fidelity Investments Company, provides trade execution, clearing, tax reporting, and other related services to our client’s brokerage accounts.

What are your fees?

The majority of the assets we invest for our clients are invested in fee-based accounts, where our clients are charged quarterly as a % of the total fee-based assets we manage for them.  Our fees start at 1%, and decrease at different asset levels our clients reach.  We pay for all trading costs, and keep the underlying investment expenses as low as we can while helping our clients work towards their long term financial goals.

 

Clients that utilize us for tax return preparation are charged a tax preparation fee based on the complexity of their tax return.  A quote will be provided prior to any work being performed.  Tax planning meetings, advice, and ongoing consulting are all included in the tax preparation fee.

What makes you different as an independent firm?

Our status as independent financial advisors means you can be assured that our interests are aligned with yours. While there are many different Registered Investment Advisor-Broker/Dealers to choose from, we have chosen to partner with Commonwealth Financial Network ® – the largest private independent Registered Investment Advisor-Broker/Dealer in the country.

The fact that we’ve chosen to work with Commonwealth means that our firm remains independent too. We are free to act in your best interest, without pressure to promote a particular product or strategy. It’s a model that differs from that of some other, larger financial firms, whose financial representatives are accountable not just to their clients, but also to the parent company that employs them.

Commonwealth offers no proprietary products. They don’t underwrite any bond or stock issues. This provides us objectivity when choosing investment solutions for our clients.

Financial Calculators

Please note: All financial calculators require a Java-enabled browser. For best results, use Internet Explorer 4.0 and higher.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code; or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. Please note: This information is provided to you as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites.

Our Expertise