Our portfolio management fees are payable quarterly in advance directly from client accounts based on a provided schedule. Client accounts are responsible for trading charges payable to the account custodian. We are not affiliated with any brokerage firm, custodian, or fund company and are not compensated in any way by these firms. When appropriate, we may engage in fully-disclosed co-advisor agreements and solicitor agreements.
We arrange for the custody of client assets with highly qualified firms who also provide a trading platform and client reporting. These well-known firms meet our rigorous requirements based on their financial strength, product availability, excellence of reputation, competitive trading costs and high levels of customer service.
There is no charge for an initial consultation. We recognize the importance of earning your trust.
Either party can terminate the Investment Agreement at any time, for any reason. There is no termination charge. The final invoice will be prorated based on the number of days during the quarter the account was under management.
The only person or persons who have access are those whose names are listed as the owner(s) of the account. Liberty Street Capital exercises limited power of attorney to buy and sell securities, but has no access to funds in the client’s account, except for client-approved fee withdrawals.
Clients receive at least quarterly statements, including performance reviews.
Portfolios are periodically rebalanced to bring actual allocations in line with targeted allocations. Methodical rebalancing can enhance returns and reduce risk over time. Portfolios may also be rebalanced in conjunction with tactical asset allocation changes. Tactical asset allocation changes become necessary when valuation levels for a particular asset class reach extreme levels, either on an absolute basis, or relative to other asset classes.