At Capital Investment Counsel, our goal is to serve you in ways that are valuable to you. Below are some common questions and answers we hope you’ll find informative.
What is Wealth Management?
Wealth management is the accumulation, enhancement and preservation of wealth. As a client’s primary wealth advisor, we focus on all aspects of a client’s financial needs including defining financial goals, estate planning considerations, taxation, insurance needs, and retirement planning. We assist our clients in creating a personalized financial framework tailored to their specific situation.
How do you choose the specific investments for your clients?
The investment choices for each client are determined by the client’s specific needs. Based on the goals for each client and account, Capital Investment Counsel will work with the client to determine the overall investment allocation and types of investments to be used, including individual stocks, taxable and municipal bonds, and mutual funds.
What sort of statements will be provided?
Each investment management client receives, at least annually and as frequently as
requested, an appraisal of the account reflecting diversification, current market value,
cost basis, indicated income, and current yield. We provide a capital gain/loss
summary.
Do I have a direct relationship with the portfolio manager?
You will have a primary portfolio manager as your point of contact with Capital Investment Counsel. We also have a team with over 367 years of combined experience to support your portfolio manager including a dedicated research division and stock and bond traders. Our people >
How often will we communicate?
Your portfolio management team will contact you each quarter for a review and update. They are also available between meetings via phone or email to answer your questions or for updates on changes in your personal finances.
Does CIC manage tax gains?
Capital Investment Counsel does take tax considerations into account when trading. Determination of these consequences and your individual tax situation is an integral part of the overall Wealth Management process.
What fees and charges can I expect?
Capital Investment Counsel is a fee only advisor. We are compensated solely by our clients. Depending on additional activity in the account, there may be commissions or other fees charged by the brokerage firm or custodian of your account.
How often will my account be reviewed?
The analysts and portfolio managers at Capital Investment Counsel review the holdings in your portfolio daily. In addition, the investment committee meets regularly to discuss broad economic and sector trends and discuss possible changes to better position our clients for the current and future economic outlook. We believe in a team approach at Capital Investment Counsel - each and every client that hires us gets the benefit of our decades of experience.
How often do you buy or sell?
The amount of buys and sells will be determined by the target for each investment, overall market, and client needs. Historically, a typical portfolio will experience about 30% turnover per year.
What are the benefits of having an Institutional wealth manager?
Having a Wealth Manager like Capital Investment Counsel on your team allows you to enjoy your personal endeavors. Not only will CIC handle the ongoing investment management of your portfolio, we also consider all the other financial aspects of your life to help you meet your overall goals.
How do I learn more about the services offered at Capital Investment Counsel?
Call our Denver, Colorado office at 800-756-9008 or Scottsdale, Arizona at 800-306-8950. One of our portfolio managers will be happy to discuss your personal situation and how we may be of assistance.
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