What is an Investment Advisor?
An Investment Advisor is an investment professional that works for you to create an investment portfolio that is best suited to meet your individual needs. Of course not all Investment Advisors are created equal. It is important to choose an Investment Advisor who can meet your specific needs with good service.
What are the advantages of becoming a Mainstay Capital Management client?
Your account will be managed by a professional wealth manager. We monitor the financial markets every day and regularly review your portfolio to ensure that an appropriate blend of investments is being used to meet your individual goals. Additionally, as a full-service wealth manager, our staff of Senior Wealth Advisors can offer advice and comprehensive solutions for all of your financial planning needs. This combination of services provides our clients with many benefits, including more time to pursue what really interests them.
What makes you different from many others who offer similar services?
We receive no commissions from brokerage firms, insurance companies, or mutual fund companies. Our goal is to find the best investments available to meet your objectives.
How many offices do you have?
Five. We have offices in Ann Arbor, Michigan; Troy, Michigan; Novi, Michigan; Grand Blanc, Michigan; and Naples, Florida.
What is your minimum account size?
Currently our minimum account size is $200,000 (for non-401k accounts), although under some circumstances we will accept accounts less than $200,000. More important, however, than satisfying a minimum account size criterion, we are looking for long-term client relationships. It is important to us to establish a relationship with our clients where we are satisfied that our investment style will meet your needs over the long run.
What approach to asset allocation and portfolio development does MCM use?
Our strategy is based on a long-term disciplined approach to investing. After reviewing your Client Profile and completing the client interview process, we can develop a portfolio and asset allocation strategy to meet your individual needs and tolerance for risk. We use tactical asset allocation in our ongoing management of your portfolio. This means, as we expect changes in market conditions, we will shift your asset mix and specific investments with the goal of maximizing opportunities and managing downside risk, relative to your objectives and tolerance for risk. Mainstay is a “go-anywhere” asset manager, which means we screen mutual funds, ETFs, stocks, bonds, and other securities to find the combination of investment options we feel works best at meeting the objectives of your portfolio.
How do I withdraw money from my account if I need it?
Your money stays at Schwab, Pershing, or another custodian, and you withdraw it as you would from any custodial or brokerage account. In addition, accounts can be set up with check writing privileges, debit cards, and other features.
How will I know what is happening in my account?
You will continue to receive trade confirmations directly from Schwab, Pershing, or another custodian of your choice, as you do now when a trade is made in your account. You will also continue to receive regular account statements from Schwab, Pershing, or another custodian. In addition, we will send you a detailed, easy-to-read quarterly statement showing your asset allocation, account balances, and performance for multiple time horizons. We will also include a quarterly review of the markets, our strategy, and an outlook for the months ahead. Furthermore, you still have access to your account balances and other account information at any time using your custodian’s toll-free number or their website.
Will you provide advice or manage investments in my 401(k), IRA, and other accounts?
Certainly. We will be glad to provide advice on any of your investments. We have managed account programs for all types of investment accounts including 401(k)s, 403(b)s, IRAs, annuities, and non-retirement accounts. In fact, we specialize in individual account management within certain 401(k) and 403(b) plans.
What are your fees?
Clients pay a one-time account set up fee and quarterly management fee based on a percentage of assets under management. The complete fee schedule is shown in the MCM Investment Advisory Agreement.
What if I decide to cancel my relationship with you?
There is never any obligation to stay with our program. So in the unlikely event that you are not completely satisfied, you may terminate the relationship at any time by notifying us immediately.
How do I get started?
It’s easy. Simply
click here for a free information kit or call us toll-free at 866-444-6246.
