Investment Management
As a registered investment advisor we are a fiduciary. As fiduciary we have a fundamental duty to always and only provide investment advice that is in our clients best interest. As a fee based advisor we don't charge commissions we are compensated based on a flat fee of 0.50 -1.0% based on the asset value of the account under management. We use low cost Broker Dealer and Custodian, Interactive Brokers, LLC. Investment accounts have no annual fee's and are commission free. The types of accounts available included Individual, Joint, & trust brokerage accounts, as well as IRA UGMA/UTMA accounts. No accounts have $ amount minimums to open.
Form ADV is the uniform form used by investment advisers to register with both the Securities and Exchange Commission (SEC) and state securities authorities. It is divided into three parts:
Form ADV Part 1 is used by investment advisers to register with the Securities and Exchange Commission (SEC) and state securities authorities. It provides specific information about an investment adviser’s business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the firm or its employees.
Form ADV Part 2 acts as a disclosure document for clients and prospective clients and is divided into two parts. Part A includes information such as the types of advisory services offered, the adviser’s fee schedule, disciplinary information, conflicts of interest, business affiliations and other disclosures that may be of interest to you. Part B provides information on the business background of key advisory personnel. Investment advisers are required to deliver a copy of their ADV Part 2 to clients.
Form ADV Part 3 (also referred to as Form CRS) is a new relationship summary form that covers a number of topics including the types of services offered, the fees and costs you will have to pay for those services, conflicts of interest the firm has, and other disclosures that may be of interest to you. Ultimately, this summary is designed to assist you in the process of evaluating financial services firms such as us.
Before you hire someone to be your investment adviser, always ask for, and read carefully, all parts of the adviser's Form ADV. You can access all three parts of Central Coast Tax & Financial Services Form ADV on the SEC’s website Here: