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You do not need to bring any financial documents the first time we meet. Our only objective is to get to know you and understand your objectives, and to communicate our process so we can make a mutual decision to begin working together.

After the initial meeting we may ask for documents regarding your existing assets, income, tax returns, personal budget, insurance coverage, business financials, and debt. We will provide you with a specific list of documents to gather after we can define a scope of work.

Mackeson Advisory never has direct access to your money. We have chosen LPL Financial as a custodian to hold your assets. LPL Financial provides us with a platform for trading on your accounts, moving money between your financial institutions, and for billing our advisory fees. Your accounts are also protected by insurance provided by SIPC which the Federal Government allows eligible broker dealers to carry. The Investment Advisors Act of 1940 mandates that we adhere to a code of ethics as your fiduciary, and we hold ourselves to the highest standards of integrity and compliance.

No, we do not. However, we evaluate each client profile, the scope of work, and the fee structure to determine if the business relationship is in everyone’s best interest.

No you do not. We use non-proprietary software and our agreed upon client specific investment policy to analyze your existing investments, and help you determine investments worth keeping and those which may be better to reposition. Because we have an open architecture platform we can hold almost any publicly traded security without disruption.

That question is common, and the answer is it completely depends on your particular investment portfolio makeup and the current market conditions. Returns are variable and markets rarely move in a straight line. Our mission is to maximize your returns within the guardrails set by your particular investment risk management approach. We will discuss expected long-term returns based on your asset allocation and the perceived market conditions at the time of portfolio construction as well as at our regular review meetings.

Active Asset Management

Our fee structure is simple:  we charge an annual fee as a percentage of the assets under management. This fee is typically between 0.75% and 1.25%, but it varies based on asset allocation, assets under care, and our service schedule. We are committed to transparency in fees, we will never ask for your business unless you are comfortable with all the fees and expenses associated with your specific investment and financial plan.

Financial Planning

These services are done on a one-time, flat-fee basis, and average between $2,000 and $4,000, depending on the complexity and the necessary interactions with other professionals such as CPAs and Attorneys. Some asset management relationships also include financial planning at no additional cost in our service schedule. We will meet with you at no cost to gather the information needed to give you a specific proposal.

Either party can terminate the relationship by providing a written 30-day advance notice. Mackeson Advisory typically waives the 30-day advance period if a client requests a termination. Aside from a final billing (based on a prorated amount of accrued management fees), and a transfer-out fee, there are no other charges or restrictions on the investments transferring to another custodian of your choosing.