One of the problems with the commission-based advisors is that clients often only hear from them when the advisor has a great new investment idea (that coincidentally will generate another commission).
At Vintage our compensation is tied to the success of our clients’ portfolios, so our incentive is to grow their investments … every day. We don’t collect commissions, so we also work diligently to minimize trading costs. When we do make trades, our only interest is to improve the investment return for our clients.
Our services, though, go beyond the everyday. Every year we contact each of our clients and offer to update their retirement plan, education funding plan, and net worth statement — at no additional charge. A special service for our retired clients is that we can review their rate of spending and can then discuss whether that rate is sustainable over the rest of their lives. We also like to meet with our clients to review their investment performance in our unique Annual Financial Reports
Near the end of the year, we review our clients’ portfolios for tax saving transactions and proactively administer and capture those in a timely manner. We even report the estimated capital gains to their tax preparer (the client, client’s accountant, or our in-house tax preparation service) so that they can adjust their estimated quarterly tax payments if necessary.
In short, we’re pros. Better yet, we’re proactive pros — we’ll take care of things you may never even think about.