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How do you charge for your services?
For investment management, we charge an annual fee based on your assets under management. Fees are billed quarterly in arrears and are calculated on the last day of the calendar quarter. We do not receive commissions and we do not receive mutual fund 12b1 fees.
For financial planning services we charge an hourly fee.
Do you have minimum requirements for new clients?
So that we may provide all of our clients with the highest quality personalized service, our minimum portfolio for new clients is $500,000. (Exceptions may be made for family members of our existing clients.) The hourly fee for financial planning consultations is $250/hour.
What kind of communication and reports can I expect from GFC regarding my investments?
You will receive a comprehensive performance report from our office every quarter either in paper form or electronically, whichever you prefer. We will also keep you closely informed on our actions in the meantime and provide frequent market updates. In addition, you will receive brokerage statements and confirms directly from Pershing LLC, the custodian either electronically or in paper form, your choice. You may also access your private account(s) on line 24 hours a day, 7 days a week via Pershing's secure investment tracking partner - NetExchange Investor™ which provides up-to-date information about your portfolio, free stock quotes and headline news.
What type of attention will my investments and I receive from your firm?
We monitor your accounts daily through data downloads, review of your asset allocation and account activity. We perform research and we correspond with you regularly via email, phone calls and letters. We, as advisors, cannot perform our job without your ongoing cooperation and it is important that we be kept abreast of changes affecting your financial life. We therefore recommend reviews of your overall financial situation at least once a year.
Why choose Gainsborough Financial Consultants, Inc.?
We believe in putting the needs of our clients ahead of our own. For three decades, we have built our reputation on objective advice and superior customer service, which we tailor to meet your specific needs as determined by individual consultations, thorough analysis of your financial situation and ongoing monitoring of your financial affairs. We pride ourselves on our ability to forge longstanding relationships with our clients, their families and their other trusted advisors. We love what we do and we enjoy giving you and your investments the close attention you need and deserve.
What is the advantage of an independent firm?
As an independent Registered Investment Advisor, we have eliminated many of Wall Street’s conflicts of interest. We do not have any investment banking relationships, do not make markets in stocks, we have no proprietary products, we do not receive any reciprocal business, we have no preferred product list, we do not share management fees with private account managers or funds and we have no quotas.
Do you sell insurance products?
As a service to our existing clients, Anita O'Connor is licensed to sell insurance (term and whole life) and fixed annuities in the state of California (California Insurance License #0625508). A small portion of our revenue derives from this activity.
Looking for a new financial advisor?
Whether you are looking to change your financial advisor or wanting to start up a relationship for the first time, we encourage you to shop around. It is so important not only to find the right match for your personality, but to perform your own due diligence as you conduct your interviews. To help you in your search, we have put together a list of the Top 25 Questions to Ask a Financial Advisor. How do I get started?
Why not come in for a complementary intial interview? There is no obligation. We regard this as a chance to get acquainted and talk about how we might work together. Give us a call (310) 440-1400 or just drop us an email using the Contact Us button on our menu. You may want to complete our confidential Data Questionnaire and/or our Risk Tolerance Questionnaire in preparation for your first meeting, but this is optional. |