Each client portfolio is managed separately. This allows us the flexibility to somewhat tailor each individual’s portfolio and to be as tax efficient as market conditions warrant. We have discretionary trading authority over accounts. Clients receive monthly brokerage statements and trade confirmations, as well as a quarterly performance review that we prepare. We also provide an unaudited realized gains and losses report at year end.

Management terms and conditions are set forth in our Investment Advisory Agreement, a copy of which is available upon request.