| Advisor Profile |
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Business Description |
Scout Partners, a Colorado-based wealth management advisor, makes its active management strategies available to clients throughout Colorado and the United States.
Is your current "buy and hold" strategy by choice or due to inattention? Scout Partners objectively selects funds from a variety of fund families focused on attractive areas of the market, and implements this strategy on behalf of clients. Our Auto-Trade service is only $89 per month. Simple fees. Active management. Objective fund selection. Timely performance reporting for your individual portfolio. Monthly newsletters that address what is happening in the market and how portfolios are being positioned to take advantage of market events. Transparency in how we charge fees and how we manage portfolios. Visit our web sites at GJstocks(com) and InvestmentHeresies(com) to learn about a better way of managing your money. |
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General Information |
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| Years of Experience in Financial Services: |
25
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Education |
| Academic Background |
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| Bachelors degree in Economics - Stanford University (1983) |
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Services |
| Investment Types: |
Bond Mutual Funds, Stocks Mutual Funds, International Investments, Bonds, Stocks, Annuities, Alternative Investments, Real Estate
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Chartered Financial Analyst, Registered Investment Advisor (RIA) (State or SEC) or RIA representative
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Assets Managed by Firm: |
Yes
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Compensation & Fees |
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| Additional Details on Charges: |
Fee options depend on what is best for client. Fixed fee ($89 per month) available for most investment clients. Custom Wealth Management fees start at 1.0únd scale down as assets under management rise. "Investment Counseling" clients are charged hourly fees that range from $90-$225/hour, depending on the nature of services required.
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| Prepared By: |
Doug May |
Frequently Asked Questions |
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| Q. |
What are your qualifications? What is your education background? |
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Doug May was awarded the Chartered Financial Analyst designation by the CFA Institute in 1987, and is a graduate of Stanford University's School of Economics (1983). |
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What is your approach to financial planning? |
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Our unique investment management approach, which brings active management expertise to your portfolio, is described in our online audio book at www.InvestmentHeresies.com |
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What services do you offer? |
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We are primarily a money management firm though we offer comprehensive financial planning services as part of our custom wealth management fee for qualified clients. |
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How are you compensated? How will I pay for your services? |
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We charge a fee based on assets under management. 1/12 of the annual fee is deducted each month directly from the portfolio. Performance is reported net of fees so clients can see how their individual portfolio performed after taking into account all fees. |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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We are a discretionary money manager so we do not ask permission, but rather actively manage portfolio holdings and report back on how each individual portfolio has performed. |
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How much risk should I be willing to take? |
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Though we manage portfolios for income oriented investors, our specialty is managing money invested for long-term total return (capital appreciation in a diversified portfolio environment). |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Our unique investment management approach, which brings active management expertise to your portfolio, is described in our online audio book at www.InvestmentHeresies.com |
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What is your experience? How many clients do you currently manage? |
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I have been a portfolio manager in both an institutional environment (for foundations and pension plans) and for a large national asset management company for nearly 25 years. |
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What financial institution(s) do you represent? |
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Many, but not all, of our clients have Fidelity Investment Brokerage accounts and hire us to manage the assets in their Fidelity account. |
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How do you charge for your services? |
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We charge a fee based on assets under management. 1/12 of the annual fee is deducted each month directly from the portfolio. Performance is reported net of fees so clients can see how their individual portfolio performed after taking into account all fees. |
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Do you provide a free initial consultation? |
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We will provide a free initial consultation. Our desire is only to work with people who need the actively managed portfolio management services that we have to offer. |
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Why should I choose you as my financial advisor? |
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Though we cannot guarantee that we will "beat the market," everything about our investment strategy is focused on that goal and our track thus far proves that we can do it over a long time horizon. |
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What are your qualifications? |
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Doug May was awarded the Chartered Financial Analyst designation by the CFA Institute in 1987, and is a graduate of Stanford University's School of Economics (1983). |
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What is your approach to 401 K plan rollovers? |
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Our unique investment management approach, which brings active management expertise to your portfolio, is described in our online audio book at www.InvestmentHeresies.com |
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How long does the process of rolling over a 401K plan usually take? |
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Many, but not all, of our clients have Fidelity Investment Brokerage accounts and hire us to manage the assets in their Fidelity account. 401k rollovers from plans custodied at Fidelity may come over in a day. From other sources, the rollover typically takes 2-4 weeks. |
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What financial institutions do you represent? |
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Many, but not all, of our clients have Fidelity Investment Brokerage accounts and hire us to manage the assets in their Fidelity account. |
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How many years of experience do you have? |
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I have been a portfolio manager in both an institutional environment (for foundations and pension plans) and for a large national asset management company for nearly 25 years. |
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What are your fees for this service? |
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We charge a fee based on assets under management. 1/12 of the annual fee is deducted each month directly from the portfolio. Performance is reported net of fees so clients can see how their individual portfolio performed after taking into account all fees. |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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Though we cannot guarantee that we will "beat the market," everything about our investment strategy is focused on that goal and our track thus far proves that we can do it over a long time horizon. |
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Do you provide a free initial consultation? |
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Our desire is only to work with people who need the actively managed portfolio management services that we have to offer. |
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