High Net Worth Account (HNW)/Separately Managed Account (SMA) Information & FAQsStamper Capital & Investments, Inc. (SCI) offers private
accounts to select high net worth individuals. Providing customized portfolios
for Our Clients that have the best proportions
of current yield, upside potential & downside protection is our mission.
Our current posture is to achieve capital preservation and growth while meeting the current
and long-term financial needs of our clients. Our fully
documented specialty is in tax-free municipal bonds. Private accounts offer many benefits over other investment alternatives. Our Clients get access to an institutional money manager with a publicly documented top-rated track record and the option to have your account created specifically to meet your current and long-term financial goals. We encourage you to check out the benefits section of our website. What is the minimum account size to be a Client of Stamper Capital & Investments Inc? The minimum to open an account with Stamper Capital is $1 million. Fees for private accounts are based on the assets under management. What are the benefits of "fee-based" asset management over "commission-based?" Our Clients pay SCI a fee based on the amount assets we manage for them rather than commissions on trades we do for them. The principal advantage to both parties is that it puts both the Client and the manager, SCI, on the same side of the table - it properly aligns our interests with Our Clients', thus, lessening conflicts of interest. Usually, if SCI does well for the client, both the Client and SCI benefit as the client has more assets! What fees are associated with having a High Net Worth Private Account with Stamper Capital & Investments Inc? Stamper Capital's private account
management fee is based on the assets under management:
Other fees in conjunction with a private account at Stamper Capital & Investments, Inc. would be fees charged in association with the brokerage house or bank where you choose to safe keep your securities (We can help you with the lower cost alternatives - 5 basis points to 15 basis points annually). Where are SCI's Clients' bonds kept? Our Clients keep their bonds at the brokerage or bank of their choice. We help you find and use the lower cost alternatives such as T.D. Ameritrade. The account is yours; we help you fill out paper work authorizing Stamper Capital to conduct purchase and sales of securities in your account upon your behalf. Importantly, neither Stamper Capital nor its employees have actual access to your securities or cash. In addition to sending you monthly and quarterly statements, your account provider (T.D. Ameritrade, for example) likely provides you 24-hour access to your account over the internet so you can see, at all times, what is going on in your portfolio. Are there any commissions charged for private accounts? Our Client's only pay Stamper Capital the asset-based fee detailed above; Stamper Capital does not charge nor receive brokerage commissions; however, brokers with whom we work charge commissions on purchases and sales of bonds we transact for Our Clients. The commissions brokers charge are built into Our Clients' purchase or sale price. Since Stamper Capital is an institutional manager, we work with institutional brokers, whose commissions are generally much lower than average retail broker commissions. For instance, commissions on municipal bonds through a retail broker may range from 1 to 3 points, whereas institutional brokerage commissions we negotiate for Our Clients are in the 1/8th to less than one point range. Whom should I contact if I want to become a Stamper Capital, High Net Worth Private Account Client? If you have any questions or you want to have Stamper Capital manage your High Net Worth Private Account, please call us at 949-673-5787 or send us an email at: separatelymanagedaccounts@risk-adjusted.com. |
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