The investment management process is comprised of three inter-related pieces that are continually adjusted to meet changing life situations and market opportunities.
Compensation is "Fee Based" only and assessed as a flat percentage rate of account assets under management, rather than commission based (see schedule below). This way NAIM's motivation matches that of the clients: long-term appreciation of account values. NAIM does not receive any loads, trading commissions, transaction fees, or any other form of compensation. Fees are a percentage of an account's market value:
NAIM is not a broker or custodian and therefore does not take possession of cash or securities. Unless otherwise requested by a client, NAIM, uses Charles Schwab's Institutional Services Division as custodian for clients' accounts. Schwab is the nation's largest discount broker and offers a complete range of investment vehicles including Money Market Funds, CD's, Individual Stocks, Bonds and Mutual Funds. Their mutual fund platform is one of the most extensive available.
NAIM does not receive any loads, trading commissions, transaction fees or any other form of compensation.
Each client receives reports from their custodian and NAIM. The custodian provides monthly account statements showing market value and a summary of account activity. They also send clients trade confirmations for account transactions. In addition, the custodian offers clients the ability to access their accounts on-line and receive trade confirmations via e-mail. They also provide a year-end tax summary including interest, dividends and sales proceeds.
NAIM provides a quarterly portfolio summary and performance report as well as a quarterly fee assessment.
Each client signs an investment agreement which defines allowable investment vehicles, risk parameters and portfolio strategy.
In addition, the client signs a limited power of attorney authorizing NAIM to make trades on their behalf at Schwab or the designated custodian.
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JANUARY 30, 2017
The First 100 Days
DECEMBER 28, 2016
Year End Market Re-cap & 2017 Forecast
NOVEMBER 27, 2016
Markets Signal a Positive Change is Afoot
OCTOBER 26, 2016
When the Fog Clears
AUGUST 30, 2016
Reading the Road Signs Ahead
July 28, 2016
Stocks vs. Bonds, Two Very Different Stories
JUNE 24, 2016
Brexit Vote: The Populist Voice has Spoken
DECEMBER 31, 2014
Year End 2014 Wrap Up and Look Ahead
DECEMBER 2, 2014
OPEC Decision- The Prisoner's Dilemma
NOVEMBER 3, 2014
Going it Alone - A New Market Environment
SEPTEMBER 30, 2014
3rd Quarter Review
SEPTEMBER 4, 2014
While the World Swirls with Worry
AUGUST 5, 2014
JUNE 25, 2014
Why Does the Bull Keep Running?
MAY 28, 2014
A Peculiar Rally...Defensive Sectors Lead Market
APRIL 30, 2014
March 31, 2014
Unspectacular First Quarter: What about the Year?
MARCH 2, 2014
Investment Implications of Ukraine & Russia
FEBRUARY 2, 2014
Emerging Market Turmoil
JANUARY 2, 2014
2014 Valuation Assessment and Prediction