Account Structure

Clients normally maintain their accounts at Charles Schwab & Co., Inc., the country’s premier discount broker. Clients grant us limited power of attorney to trade these monies in accordance with our recommendations. Any transaction fees, which may or may not apply depending on the investment, are paid directly to Schwab. As a discount broker, Schwab’s fees, if any, are low by industry standards.

Clients receive detailed monthly statements from Schwab with a breakdown of all of the month’s transactions and current positions.