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Portfolio Management Program...
What is it?
Our Portfolio Management Program is a discretionary based investment management program
administered by Registered Investment Advisers at Naab Investments & Trading, a
Registered Investment Advisory firm located in Fishers, Indiana.
Our agents provide innovative, but sound, investment strategies seeking out
long-term capital appreciation. While past performance is never a
guarantee of future performance, see the Naab Investments & Trading Growth
Portfolio detailed on our homepage for recent results.
As fee-only advisers, we avoid the potential investor abuses found in the
commissioned approach. Instead, we have strong incentives to minimize your
costs and maximize your account value since our fees grow only when the size of
your account grows. Our low, fully disclosed fees are our only
compensation.
What are the Fees?
We employ a tiered fee schedule that reduces fees on larger accounts. We
bill annually or semi-annually and accept brokerage accounts as small as $20,000
and IRA accounts as small as $2,000. A 30-day notice is required by either
party to terminate the Client/Agent Agreement.
Fee schedule according to gross assets:
| • Up to $500,000 |
1.00% per year |
| • $500,000 to $1,000,000 |
0.75% per year |
| • $1,000,000 to $5,000,000 |
0.50% per year |
| • Above $5,000,000 |
0.40% per year |
Who Has Custody of the Assets?
Naab Investments & Trading never holds client assets. We have an agreement
with Scottrade, Inc., one of the nation's largest online brokerages, to provide
custody, record keeping, and reporting services for our clients. Accounts
are titled in the client's name, and disbursements from the account may only be
made to the client at his address. Naab Investments & Trading exercises
trading authority to place trades within the
client account. Charging a small transaction fee for purchases and sales, Scottrade directly provides the client with confirmations of each purchase,
sale, or disbursement, a quarterly statement, and a year-end tax report.
In addition, by clearing trades through Scottrade, your account will be
protected up to $500,000 by the Securities Investor Protection Corporation (SIPC)
and up to $99.5 million by the National Union Fire Insurance Company, a
subsidiary of American International group, one of the largest insurance
companies.
How Do I Join?
To join the Portfolio Management Program, contact us via email or phone and we
will open an account at Scottrade for you. After a brief consultation, one
of our Agents will then begin to manage the account for you. To learn more
about Scottrade please visit their
website.
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